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$781,500 For Sale

129 Linn Street W
Bellefonte, PA 16823

8 units |

0.69 acre lot
Commercial: Multi-Family 5+ - MLS# 60574
Property Photo

Description

This property, situated on a beautiful street in Bellefonte historic district includes a victorian home that is converted into seven rental units, and a single family home. Fully occupied with off street parking. Priced with an attractive CAP rate. All leases are through July 31, 2018. Leases include water/sewer/trash. Single family home tenants pay heat and electric. Landlord pays heat and hot water in the main building. Annual Cash Flow $37, 000. Current and proforma APOD available upon request.

Features

  • # On Street Parking Spaces: 3.00
  • # Stories: 3
  • Acres: 0.6900
  • County/Area: Centre County
  • Directions: High St. Left On Allegheny St. Then Left On Linn. 129 W Linn St. Is On The Right. Directly Across Fr
  • Driveway: Paved, Gravel
  • Electric Expense: 1412.00
  • Exterior: Wood Siding
  • Fuel Type: Natural Gas
  • Heat Type: Hot Water
  • Heating Expense: 7900.00
  • Included: Refrigerators, Ranges
  • Listing Status: Active
  • Multi-Unit Features: Coin Operated Wash/Dry, Electric Separate By Unit
  • Municipality: 32-Bellefonte Borough
  • Off Street Parking: 7
  • Property Type: Commercial
  • Roads: Paved
  • Roof: Shingle
  • School District: Bellefonte
  • Sewer Type: Public Sewer
  • Site Influences: Cable To Property
  • Spaces Rented: 1
  • Sub Type: Multi-Family 5+
  • Subdivision: Bellefonte
  • Subdivision/Neighborhood: Bellefonte
  • Subsurface Rights: 1
  • Tax Year: 2016
  • Total Taxes: 5605
  • Units: 8
  • Water Type: Public
  • Water/Sewer Expense: 5227.00
  • Year Built: 1868
  • Zip Code: 16823
  • Zoning: Commercial - Apts 4+

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