312 CHESTNUT STREET, Mertztown, PA 19539

$550,000 Asking Price

7 beds
3 baths
3,025  sqft
Built in 1894

Investor Alert! Welcome to 312 Chestnut St, a mixed use gem with 3+ residential units and a commercial garage, get ready to unlock substantial income streams. Includes (2) parcels totaling over 1.3 acres (59-5473-16-84-6685, 59-5473-16-84-6685). Unit one (2 beds, 1 bath), unit 2 (2 beds, 1 bath, tenant occupied), Unit 3 (3 beds, 1 bath). A four-bay auto garage with office, upper level storage and full bath (tenant operated). Additional land on main parcel adjacent to rail lines. Potential for two more units in attic (framed and spray foam insulation completed). 15+ parking spaces. Basement operated as a former auto parts store, all remaining parts are included in the sale. Sale is as-is

Features & Amenities

Interior

General:
Attic,Combination Kitchen/Dining,Store/Office,Wood Floors
Appliances:
Built-In Range,Microwave,Refrigerator
Basement:
Interior Access,Outside Entrance,Poured Concrete,Unfinished,Walkout Stairs,Windows,Workshop
Flooring:
Concrete
A/C:
None
Heating:
Y, Other, Natural Gas
Disability Feature:
Level Entry - Main

Exterior

General:
Awning(s),Sidewalks, Above Grade,Below Grade
Style:
Contemporary
Parking:
Crushed Stone,Gravel Driveway

Construction

Roofing:
Shingle
General:
Block, 4, Slab

Location

Originating MLS:
BRIGHT_MAIN
School District:
BRANDYWINE HEIGHTS AREA
County:
BERKS

Lot

Zoning:
C, 59-5473-16-84-6685
Current Use:
4280

Utilities

Utilities:
Electric Available,Natural Gas Available,Water Available
Water:
Well-Shared
Sewer:
On Site Septic

Financial

Source:
BRIGHT_MAIN
Exclusions:
tenant property in rented residential and garage units, one of the lifts is property of the garage tenant

This listing courtesy of:
Crescent Real Estate, Melanie Louise Hughes

About Mertztown, PA

Housing

Number of Units
2,804
Median Home Value
$197,061
Median Rent
$826

24.38% of housing units are renter occupied.

4.84% are vacant.

Commute

Car
84.19%
Public Transportation
0.00%
Walk to Work
1.34%
Work from Home
13.73%
Other
0.11%

The median travel time to work is 22 minutes.

People

Population
6,589
Median Age
44.20
Median Household Size
2.70

Education

High School
35.70%
Associate’s Degree
10.53%
Bachelor’s Degree
14.42%
Graduate Degree
10.30%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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