1873 Tollgate Road

Palm, PA 18070

$398,500
Price
7
Beds
3
Baths
2,880 Sq. Ft.
$138 / Sq. Ft.
2,880
Sq. Ft.
$138
per Sq. Ft.

Description

Prime Investment Opportunity: Updated 3-Unit Apartment Building
Welcome to this well-maintained and updated 3-unit apartment building, a perfect addition to your investment portfolio or an ideal property for owner-occupants seeking rental income. Located on a quite road, this property offers a mix of modern updates and classic charm. Property Features:
First-Floor Unit: Spacious 3-bedroom, 1-bath layout updated in 2021 with modern finishes, making it an inviting space for tenants. Second-Floor Unit
...Prime Investment Opportunity: Updated 3-Unit Apartment Building

Welcome to this well-maintained and updated 3-unit apartment building, a perfect addition to your investment portfolio or an ideal property for owner-occupants seeking rental income. Located on a quite road, this property offers a mix of modern updates and classic charm. Property Features:
First-Floor Unit: Spacious 3-bedroom, 1-bath layout updated in 2021 with modern finishes, making it an inviting space for tenants. Second-Floor Unit A (Front): Renovated in 2023, this 2-bedroom, 1-bath unit boasts contemporary upgrades and a stylish interior. Second-Floor Unit B (Rear): Updated in 2018, this 2-bedroom, 1-bath unit features a cozy yet functional design, perfect for tenants seeking comfort. Major Updates:
New Roof: Installed in 2024, ensuring long-term durability and peace of mind. New Windows: Replaced throughout the building in 2021, enhancing energy efficiency and curb appeal. This property offers solid rental income potential with minimal maintenance required thanks to its recent updates. Whether you're a seasoned investor or a first-time buyer, this turnkey building is ready to deliver value. Schedule your showing today to explore the possibilities with this fantastic 3-unit apartment building!
  1. Listed by Nathanael J. Boykin • EXP Realty LLC

Property Details for 1873 Tollgate Road

Area
Other PA Counties
Sub division
Not in Development
LISTING UPDATED: 12/28/2024 11:03 AM

Property Details for 1873 Tollgate Road

StatusAvailable
MLS #749984
Days on Market6
Taxes$4,250 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Style
Year Built1970
CountyBerks County

Building Information for 1873 Tollgate Road

Building/Complex1873 Tollgate RdFloor-Stories2Residences3Pet Policy-Year Built1970Building Size-

Property Information for 1873 Tollgate Road

Summary
Location and General Information
  • Directions: Route 663 West to 29 North left on Tollgate Rd.
  • School District: Not Applicable
Parking
  • Garage: Driveway Parking
  • ParkingSpaces: 8
Taxes and HOA Information
  • Association: Lehigh Valley MLS
  • County Taxes: $941.32
  • Lawn Snow Removal: $200
  • Maintenance Repair: $300
  • Management: 0
  • Municipal Taxes: $169.20
  • School Taxes: $3,139.68
  • Total Taxes: $4,250.20
Property
Lot Information
  • Acres: 0.57
  • APN: 6410-01-26-8881
  • Lot Size Source: Tax Records
  • Zoning Code: 136 Res: 2-4 Fam
Property and Assessments
  • County Assessment: $112,800.00
  • Property SubType Category: Apartment Style, Detached
  • Square Footage Source: Tax Records
  • Year Built Exception: Unknown
  • Adult Comm 55 Over: No
Utilities
  • Cooling: Ceiling Fans, Wall AC
  • Electric: 0
  • Gas: $0
  • Sewer: Septic
  • Water: Well
  • Water Sewer: 350
Interior and Exterior Features
Exterior Features
  • Construction: Stucco
Interior Features
  • Baths: Semi Modern
  • Heat: $0
  • Heat Type: Baseboard, Electric, Oil
Multi Family
Multi-Family Information
  • Gross Income: $48,000.00
  • Insurance: $1,200
  • Net Income: $43,810.00
  • Operating Expense: $4,190
  • Other Expenses: $0
  • Trash Removal: 120
  • Total Unit Count: 3
  • Total Units: 3
Unit 2
  • Unit Total2 Bedrooms: 2
Unit 3
  • Unit Total3 Bedrooms: 1

Property History for 1873 Tollgate Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1873 Tollgate Road

Taxable ValueLand$43,100Additions$69,700Total$112,800
Tax Record2024$1,111 ($93 / month)
Home Facts
Baths3Total Finished SqFt2,880 SqFtAbove Grade Finished SqFt2,880 SqFtStories2Lot Size24,829 SqFtStyleMulti-Family Dwelling (2-4)Year Built1970CountyBERKSAPN6410-01-26-8881

Schools near 1873 Tollgate Road

This home is within Upper Perkiomen School District.
Rating
School
Type
Grades
Distance
Public - 4 to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 3
Rating
School
Distance
UPPER PERKIOMEN 4TH AND 5TH GRADE CENTER
Public4 to 5

Upper Perkiomen Middle School
Public6 to 8

Upper Perkiomen High School
Public9 to 12

Hereford El School
PublicK to 3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1873 Tollgate Road is a multi-family home for sale in Palm, PA 18070. This property was listed for sale on December 27, 2024 by EXP Realty LLC, it's currently listed at $398,500. It has been on the market for a total of 6 days and was last sold on December 7, 2021. This listing's school district is Upper Perkiomen School District. Nearby schools include UPPER PERKIOMEN 4TH AND 5TH GRADE CENTER, Upper Perkiomen Middle School and Upper Perkiomen High School. 1873 Tollgate Road is a 7-bed, 3-bath, 2,880 sqft multi-family home built in 1970.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty LLC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.