$ 325,000
-
$325,000
Price -
4
Bed -
2
Bath -
1,825
SqFt
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About the Listing RMPREF-3 - 3118464
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!
Listing Highlights
Status
Pending
Days on Site
47
Property Type
Residential
MLS ®
PABK2067756
Year Built
1930
Total Square Footage
1,825
Lot/Acreage
0.36
County
Berks
Neighborhood
None Available
School District
Twin Valley
Elementary School
Twin Valley
High School
Twin Valley
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Heat Pump - Electric BackUp
- Fireplaces:
- Floor: Carpet,Ceramic Tile,Laminated
- Above Ground Sq Ft: 1825
- Below Ground Sq Ft: 0
- Basement: Full,Unfinished,Outside Entrance
- Other: Bathroom - Stall Shower,Carpet,Main Floor Bedrooms: 2
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 0.00 x 0.00
- Zoning: MULTI
- Roof: Pitched,Shingle
- Others: Sidewalks,Street Lights
- Sewer: Public Sewer
- Parking Features: Private,Parking Lot,Off Street
Financial Details
- Tax Amount: $2,824
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
2964 Main St Morgantown, PA 19543
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