Looking to add to your investment portfolio? Look no further! Presenting a lucrative investment opportunity consisting of two distinct residential units within a single property. This offering comprises a well-maintained three-bedroom brick rancher and a duplex, both of which are presently occupied by tenants, ensuring immediate cash flow for investors. Stable tenancy reflects the desirability and reliability of the property, mitigating vacancy risks and offering a hassle-free investment opportunity. With a stable rental history, desirable location, and potential for long-term growth, this property portfolio represents a compelling investment proposition for discerning investors looking to capitalize on the lucrative rental market. The property enjoys proximity to essential amenities and convenient access to major transportation routes. Enhancing the accessibility and convenience for tenants, further bolstering the property’s appeal and long-term investment potential.
Sold for $460,000
$460,000
123 Water St, East Berlin, PA 17316
7beds
--baths
5,200sqft
Duplex
Built in 1960
-- sqft lot
$472,400 Zestimate®
$88/sqft
$1,335 Estimated rent
Home value
$472,400
$425,000 - $520,000
$1,335/mo
Zestimate® history
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$2,981/mo
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Frank Messina 717-542-2428,
Coldwell Banker Realty
Bought with:
Margaret R. Byrd, RM420794
New Beginnings Realty Services
Source: Bright MLS,MLS#: PAAD2013696
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
Basement
- Area: 1120
Heating
- Other, Natural Gas
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Basement: Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 6,320
- Total interior livable area: 5,200 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage Faces Side, Attached, Off Street
- Attached garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1.53 Acres
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 100040010000
- Zoning: COMMERCIAL
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Duplex
Materials
- Brick
- Foundation: Block
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: East Berlin Borough
Location
- Region: East Berlin
- Municipality: EAST BERLIN BORO
Financial & listing details
- Price per square foot: $88/sqft
- Tax assessed value: $303,600
- Annual tax amount: $5,792
- Date on market: 6/29/2024
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Inclusions: Rancher, Duplex, And Barn
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2024 | Sold | $460,000-7.1%$88/sqft |
Source:  Bright MLS #PAAD2013696 Report a problem | ||
| 7/14/2024 | Pending sale | $495,000$95/sqft |
Source: Bright MLS #PAAD2013696 Report a problem | ||
| 6/30/2024 | Listed for sale | $495,000-16.1%$95/sqft |
Source: Bright MLS #PAAD2013696 Report a problem | ||
| 5/29/2024 | Listing removed | -- |
Source: Bright MLS #PAAD2011970 Report a problem | ||
| 2/16/2024 | Listed for sale | $590,000$113/sqft |
Source: Bright MLS #PAAD2011970 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,179 +4.2% | $305,300 +0.6% |
| 2024 | $5,933 +2.4% | $303,600 |
| 2023 | $5,792 +115.5% | $303,600 +111.3% |
| 2022 | $2,688 +1.4% | $143,700 |
| 2021 | $2,652 +2.4% | $143,700 |
| 2020 | $2,590 +200.9% | $143,700 |
| 2019 | $861 -65.4% | $143,700 |
| 2018 | $2,484 | $143,700 |
| 2017 | -- | $143,700 |
| 2016 | -- | $143,700 |
| 2015 | -- | $143,700 |
| 2014 | -- | $143,700 |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | $37,314 |
| 2009 | -- | $37,314 |
| 2008 | -- | $37,314 |
| 2007 | -- | $37,314 |
| 2006 | -- | $37,314 +0% |
| 2005 | -- | $37,313 |
| 2004 | -- | $37,313 |
| 2003 | -- | $37,313 |
| 2002 | -- | $37,313 |
| 2000 | -- | $37,313 |
Find assessor info on the county website
Neighborhood: 17316
Nearby homes
- $188,1004 bd2 ba2.1k sqft125 Water St, East Berlin, PA 17316Off Market
- $--3 bd1 ba2k sqft123 Water St #123, East Berlin, PA 17316Off Market
- $--3 bd1 ba1.2k sqft123 Water St #127-B, East Berlin, PA 17316Off Market
- $--3 bd1 ba1.2k sqft123 Water St #127-A, East Berlin, PA 17316Off Market
- $222,4003 bd1 ba1.8k sqft122 Water St, East Berlin, PA 17316Off Market
- $224,7003 bd1 ba1.1k sqft126 Water St, East Berlin, PA 17316Off Market
- $154,3002 bd1 ba1.5k sqft127 Water St #127A, East Berlin, PA 17316Off Market
- $156,4002 bd1 ba728 sqft121 Water St, East Berlin, PA 17316Off Market
Nearby schools
GreatSchools rating
- 6/10Bermudian Springs Middle SchoolGrades: 5-8Distance: 6.2 mi
- 6/10Bermudian Springs High SchoolGrades: 9-12Distance: 6.2 mi
- 7/10Bermudian Springs Elementary SchoolGrades: K-4Distance: 6.2 mi
Schools provided by the listing agent
- District: Bermudian Springs
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$472,400
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$481,848
- Pennsylvania
- Adams County
- East Berlin
- 17316
- 123 Water St
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