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516 S 4TH ST Hamburg, PA 19526
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Key Details
Sold Price $130,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,188 sqft
Price per Sqft $109
Subdivision Hamburg Terrace
MLS Listing ID PABK2049060
Sold Date 10/18/24
Style Traditional
Bedrooms 4
Full Baths 1
Half Baths 1
HOA Y/N N
Abv Grd Liv Area 1,188
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $2,282
Tax Year 2024
Lot Size 2,613 Sqft
Acres 0.06
Lot Dimensions 0.00 x 0.00
Property Description
Investor Alert!! Downtown Hamburg single family home rented for over 22 years to the same tenant. Start building your portfolio with long term future gains. Traditional semi-detached floor plan still has original wood staircase and unpainted trim throughout. Spacious main floor living room with powder room. Dining room and kitchen towards the back of the home complete the main level. Upper level has three bedrooms and hall bathroom. Walk up attic is your future fourth bedroom. Full basement with walkout to backyard. One car garage off alley. Covered front and rear porches. Current tenant has a month-to-month lease at $700 per month. Tenant pays all utilities. Current rent way below market value as-is. Property is dated in many areas, but not beat up. To the best of the seller’s knowledge, the home has been pet and smoke free during their ownership. After repair value (ARV) for rent could be $1600 - $1800 per month! ARV could be $190,000 - $210,000 at minimum. Start building cash flow and equity fast with this awesome opportunity!
Location
State PA
County Berks
Area Hamburg Boro (10246)
Zoning MDR-1
Rooms
Basement Connecting Stairway, Interior Access, Outside Entrance, Poured Concrete, Shelving, Walkout Level
Interior
Interior Features Attic, Built-Ins, Dining Area, Floor Plan - Traditional, Kitchen - Eat-In
Hot Water S/W Changeover
Heating Baseboard - Hot Water, Hot Water, Radiator
Cooling None
Flooring Concrete, Vinyl, Wood
Equipment Oven/Range - Gas
Fireplace N
Appliance Oven/Range - Gas
Heat Source Oil
Laundry Basement, Hookup
Exterior
Exterior Feature Deck(s), Patio(s), Porch(es)
Parking Features Garage - Rear Entry
Garage Spaces 1.0
Utilities Available Cable TV Available, Phone Not Available
Water Access N
Roof Type Metal,Pitched
Street Surface Paved
Accessibility None
Porch Deck(s), Patio(s), Porch(es)
Road Frontage Boro/Township
Total Parking Spaces 1
Garage Y
Building
Lot Description Cleared, Front Yard, Rear Yard
Story 2
Foundation Brick/Mortar, Concrete Perimeter, Stone, Wood
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories 2
Additional Building Above Grade, Below Grade
Structure Type Brick,Dry Wall,Masonry,Paneled Walls,Plaster Walls
New Construction N
Schools
School District Hamburg Area
Others
Senior Community No
Tax ID 46-4494-09-17-8105
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard
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Bought with Anthony Borelli • Century 21 Gold
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