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401 Beechwood

POTTSVILLE, PA 17901
  • $225,000
  • STATUS: Closed
  • ON SITE: 393 Days
  • ID#: PASK2000512
Sold - 04/08/2022
$225,000
SOLD - 04/08/2022
  • 0
    BEDS
  • 0.41
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1987
County:

School Ratings & Info

School District:

Description

For Sale 100% occupied building with a United State Government backed lease on USPS property in Marlin Pennsylvania along with a Hospice care company occupying the remainder of the building. There is a new five (5) year U.S. Post Office lease ending August 31, 2027 with two five year options. The Hospice lease ends September 30, 2024 with no options. The hospice area is made up of four private offices, conference room, reception area and a private rest room. Building size is approximately 2,500 square feet. This property is well maintained with a new roof in 2021, lot repaved in 2019. The property is selling at an approximate 6.16% cap rate on estimated net income of $17,542.00 per year. Lease information available to qualified buyers. U.S. Post Office pays 42% of R.E. Taxes. Gross Rent: 25,592.00. ESTIMATE NET $17,542.00 PER YEAR. Approx. 6.16 CAP Rate.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Teampete Realty Services, Inc. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-08-17T14:05:36.693.
www.teampete.com/homes/119477267
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401 Beechwood POTTSVILLE, PA 17901

  • Price: $285,000
  • Status: Closed
  • On Site: 393 Days
  • Updated: 43 min ago
  • ID#: PASK2000512
0
Beds
0
Baths
0
½ Baths
0.41
Acres
1987
Built
Neighborhood:
Norwegian Twp (13320)
County:
Schuylkill
Area:
Norwegian Twp (13320)
School District:
Pottsville Area
Property Description
For Sale 100% occupied building with a United State Government backed lease on USPS property in Marlin Pennsylvania along with a Hospice care company occupying the remainder of the building. There is a new five (5) year U.S. Post Office lease ending August 31, 2027 with two five year options. The Hospice lease ends September 30, 2024 with no options. The hospice area is made up of four private offices, conference room, reception area and a private rest room. Building size is approximately 2,500 square feet. This property is well maintained with a new roof in 2021, lot repaved in 2019. The property is selling at an approximate 6.16% cap rate on estimated net income of $17,542.00 per year. Lease information available to qualified buyers. U.S. Post Office pays 42% of R.E. Taxes. Gross Rent: 25,592.00. ESTIMATE NET $17,542.00 PER YEAR. Approx. 6.16 CAP Rate.
Exterior Features

Construction Materials Brick Garage YN No Parking Features Handicap ParkingPaved ParkingPrivate Parking Types Parking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 0.00 Cooling Central A/CHeat Pump(S) Heating Forced Air Heating YN Yes Net Square Feet 2500.00

Property Features

Acceptable Financing CashConventional Accessibility Features 36"+ Wide Halls Annual Gross Expense 6700.00 Assessment Year 2021 Association YN No Business Type Professional Buyer Financing Cash Central Air YN Yes Cooling Fuel Electric Cross Street 3rd Street Gross Income 25592.00 Heating Fuel Electric Hot Water Electric Lease Considered YN No Municipality Norwegian Twp Navigable Water YN N Net Operating Income 17542.00 New Construction YN No Number Of Units Total 0 Original MLSNumber 800867186116 Owner Pays InsuranceTaxes - Real Estate Ownership Interest Fee Simple Possession Negotiable Property Sub Type Office Sale Type Standard Sewer Public Sewer Tax Annual Amount 5237.00 Tax Assessment Amount 84140.00 Tax Lot 0066 Vacation Rental YN No Water Source Public Zoning R-3 Zoning Description R-3 With Variance For Present Uses.

Listing courtesy of Bhhs Homesale Realty - Schuylkill Haven.


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Teampete Realty Services, Inc. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-08-17T14:05:36.693.
 
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