Nancy Bremble - Coldwell Banker Hearthside
110 S Kemp St
Lyons Borough, PA 19536

Description

Attention investors or owner occupied to live in one and rent the other. Pride of ownership shows in this fantastic 2 unit opportunity in Lyons Borough located 3 miles from Kutztown University. Previously converted into 2 twin homes these units have been an income producing property over the past 14 years and updated from the bottom to the top. Including but not limited to: windows, doors, roof, electric, siding, kitchens and baths. Generating an 8.8% cap rate landlord has used as a solid student rental property. Unit A: generates $1280 a month with 4 bedrooms and double staircase. Unit B: generates $960 a month with 3 bedrooms. Both units have generous kitchen, dining room, living room, 1.5 baths and 1st fl laundry. Tenants pay electric which includes heat. Owner pays water/sewer/trash. But wait.....included with this well maintained property is 10 car off street parking, 2 car detached garage and a 1 car detached garage adding to the income portfolio. You won't find a nicer property!

Details

MLS#589534
Sub-TypeResale
StatusActive
Year1900
Days On Site99

Features

SQ Feet2,672
Units2

Additional Information

Total Taxes3642.00

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Area Information

StatePA
CountyBerks
CityLyons Borough
Zip Code19536
AreaLyons
Listing VS Median (in 19536)
Price:
$229,900
low | high
Med:
$189,900
67.39886907351% of Average
SqFt:
2,672
low | high
Med:
1,542
92.290419161677% of Average
$ / SqFt:
$86
low | high
Med:
$123
6.867560417911% of Average
On Site:
99
low | high
Med:
46
100% of Average
Listing Updated: 12/10/2018
MLS Number: 589534
Listing Provided By:
Janice M. Benner  of  RE MAX Real Estate