$225,000
$285,000
21.1%For more information regarding the value of a property, please contact us for a free consultation.
401 BEECHWOOD Pottsville, PA 17901
0.41 Acres Lot
Key Details
Sold Price $225,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PASK2000512
Sold Date 04/08/22
HOA Y/N N
Originating Board BRIGHT
Year Built 1987
Annual Tax Amount $5,237
Tax Year 2021
Lot Size 0.410 Acres
Acres 0.41
Lot Dimensions 0.00 x 0.00
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.
Location
State PA
County Schuylkill
Area Norwegian Twp (13320)
Zoning R-3
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C, Heat Pump(s)
Heat Source Electric
Exterior
Garage Spaces 13.0
Water Access N
Accessibility 36\"+ wide Halls
Total Parking Spaces 13
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Pottsville Area
Others
Tax ID 20-12-0066.000
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Eric R Seitzinger • BHHS Homesale Realty - Schuylkill Haven