$519,000
$465,000
11.6%For more information regarding the value of a property, please contact us for a free consultation.
12,000 SqFt
SOLD DATE : 06/17/2022
Key Details
Sold Price $519,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $43
MLS Listing ID PABK2014944
Sold Date 06/17/22
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $10,374
Tax Year 2022
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 0.00 x 0.00
Property Description
208 thru 212 State Street, 209 1/2, and 211 1/2 Washington Street in Hamburg is a mixed residential and commercial property, The Premises contains 9 residential units of various sizes, types, and rents along with 1 commercial unit, The former Hamburg Diner. The present owner invested $300,000 improving the building including a new roof for the entire building, rehabbing residential units as they turnover, resolve all code issues in apartments, only a four issues remain in DIner depending on how its configured. The apartments are solid money makers. The building is professionally managed. The only vacant unit is the Diner. The Diner was rented. Tenant was in the middle of renovation when Covid hit and Tenant walked away when his other restaraunt closed. The Diner is an excellent opportunity for someone who wants to be in the food service business.
Unit 1 211 1/2 Washington Street 2 bedrooms 1 bath Current Rent $810
Unit 2 209 1/2 Washington Street 3 Bedrooms 1 bath Current Rent $725
Unit 3 State Street 2 Bedrooms Shared Bath in Hall Current Rent $895
Unit 4 State Street 2 Bedrooms 1 bath Current Rent $775
Unit 5 State Street Efficiency 1 bath Current Rent $695
Unit 6 State Street 2 Bedrooms 2 bath Current Rent $800
Unit 7 State Street 2 Bedrooms 1 bath Current Rent $1000
Unit 8 State Street 2 Bedrooms 1 bath Current Rent $710
Unit 9 State Street Restaurant Vacant
Unit 10 State Street One Room Shared bath in Hall Current Rent $525
Location
State PA
County Berks
Area Hamburg Boro (10246)
Zoning MIXED USE
Interior
Hot Water Natural Gas
Heating Baseboard - Electric, Heat Pump(s)
Cooling Ceiling Fan(s), Central A/C, Heat Pump(s), Multi Units, Wall Unit, Window Unit(s)
Flooring Carpet, Hardwood, Solid Hardwood, Vinyl, Other
Heat Source Electric
Exterior
Garage Spaces 2.0
Utilities Available Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Propane, Sewer Available, Water Available
Waterfront N
Water Access N
Roof Type Asphalt,Shingle
Accessibility None
Parking Type On Street, Driveway
Total Parking Spaces 2
Garage N
Building
Lot Description Backs - Open Common Area, Irregular, Other
Foundation Permanent, Stone, Other
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Hamburg Area
Others
Tax ID 46-4494-05-09-0671
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Randall J Martin • Coldwell Banker Realty