453 S Sunbury St, Minersville, PA 17954

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List Price
$379,000
Days on Market
22
Status
ACTIVE
MLS#
PASK2029938
Lot Size (Acres)
0.13
Year Built
1920
County
Schuylkill
School District
Minersville Area

Property Description

Turnkey mixed-use investment in the heart of Schuylkill County’s outdoor-recreation corridor. 453 Sunbury Street, Minersville, delivers three fully renovated apartments plus a commercial bakery, with brand-new kitchens w new cabinets, granite counter tops, plumbing, electrical, appliances, tubs, and toilets. No rehab needed. No punch list needed. Instant cash-flow potential the day you close. All three apartments are 2-bedroom, 1-bath. The bottom apartment includes a dining room. Projected rents are $1,000 to $1,300 per apartment. The ground-floor bakery is commercially zoned and includes a baking oven, with projected rent of $800 to $1,200. It can also be converted into a restaurant, with the potential for seating out on the main street, subject to local approvals. Combined, that is roughly $3,800 to $5,100 a month in gross potential — about $45,600 to $61,200 a year — before you spend a dollar on improvements. The lot next door has been cleared and graveled for extra parking, serving both the apartments and the commercial space. Location does the marketing for you. Minersville sits next to mountain hiking, camping, hunting access, and extensive ATV trail systems, including Famous Reading Outdoors. The borough permits off-highway vehicles on designated streets with a valid permit, so riders can come into town for food, lodging, and services. State Game Lands are nearby. A bakery, café, or street-front restaurant on the first floor is a natural fit for that traffic. Finishes are being completed now. The property will be available for sale next Sunday. Ideal for an investor who wants a finished, multi-income building, or an owner-occupant who wants to live in one unit, lease the others, and run or rent the bakery.

Additional Information

Area
Minersville Boro (13352)
Building Name
Minersville Bakery
School District
Minersville Area
Flooring
Carpet, Vinyl
Heating
Electric Baseboard
Cooling
None
Utilities
Cable Available, Propane
Water
Public
Sewer
Public Sewer

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Listing courtesy of Iron Valley Real Estate of Berks. Contact: