Bought with Anthony T Fiore • RE/MAX Preferred - Malvern
$317,500
$325,000
2.3%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
1,825 SqFt
SOLD DATE : 03/27/2026
Key Details
Sold Price $317,500
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,825 sqft
Price per Sqft $173
Subdivision None Available
MLS Listing ID PABK2067756
Sold Date 03/27/26
Style Colonial
Bedrooms 4
Full Baths 2
HOA Y/N N
Abv Grd Liv Area 1,825
Year Built 1930
Available Date 2026-02-07
Annual Tax Amount $2,824
Tax Year 2025
Lot Size 0.360 Acres
Acres 0.36
Lot Dimensions 0.00 x 0.00
Property Sub-Type Detached
Source BRIGHT
Property Description
Ideal Investment Opportunity in the Heart of Morgantown!
Welcome to this solid, income-producing duplex situated on a spacious 1/3-acre lot in the center of Morgantown. This well-built stone property features two well-maintained 2-bedroom units, each with private entrances and separate utilities—an excellent setup for owner-occupants or seasoned investors alike. Utilities are completely separate and metered separately. Each tenant pays their own utility bills.
The first-floor unit offers a comfortable living room, eat-in kitchen with laundry, two bedrooms, and a full hall bath. The second-floor unit mirrors the layout with a living room, eat-in kitchen, two bedrooms, a full hall bath, and its own laundry area. Both units are equipped with electric heat pumps and central air, ensuring year-round comfort.
Additional highlights include a full unfinished basement with Bilco door for exterior access, off-street parking, (2) 200-amp electric services, public water and sewer, and very low taxes. Tenants pay all utilities, keeping operating costs low and cash flow strong. Current cap rate is an attractive 6.7%. Super low taxes!
A rare opportunity to acquire a centrally located duplex with strong fundamentals, solid construction, and excellent income potential. Don't miss this one!
Location
State PA
County Berks
Area Caernarvon Twp (10235)
Zoning MULTI
Direction North
Rooms
Basement Full, Unfinished, Outside Entrance
Main Level Bedrooms 2
Interior
Interior Features Bathroom - Stall Shower, Carpet
Hot Water Electric
Heating Heat Pump - Electric BackUp
Cooling Central A/C
Flooring Carpet, Ceramic Tile, Laminated
Fireplace N
Window Features Replacement
Heat Source Electric
Exterior
Exterior Feature Balcony, Porch(es)
Utilities Available Cable TV Available
Water Access N
Roof Type Pitched,Shingle
Accessibility None
Porch Balcony, Porch(es)
Garage N
Building
Story 2.5
Foundation Stone
Above Ground Finished SqFt 1825
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories 2.5
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Twin Valley
High Schools Twin Valley
School District Twin Valley
Others
Senior Community No
Tax ID 35-5310-16-84-8472
Ownership Fee Simple
SqFt Source 1825
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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