2964 Main St, Morgantown, PA 19543

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Sold Price
$317,500
List Price
$325,000
Closing Date
Mar 27, 2026
Status
CLOSED
MLS#
PABK2067634
Living Area
1,825
Lot Size (Acres)
0.36
Style
Colonial
Year Built
1930
County
Berks
School District
Twin Valley

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%. A rare opportunity to acquire a centrally located duplex with strong fundamentals, solid construction, and excellent income potential. Don’t miss this one!

Additional Information

Area
Caernarvon Twp (10235)
Interior Features
Shower Stall, Some Carpeting
School District
Twin Valley
Flooring
Carpet, Tile, Laminate
Exterior Features
Sidewalk, Street Lights
Heating
Heat Pump
Cooling
Central Air
Roof
Pitched, Shingle
Utilities
Cable Available
Water
Public
Sewer
Public Sewer
Basement
Full, Unfinished, Exterior Entry

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Preferred - Malvern. Contact:

Selling Office: RE/MAX Preferred - Malvern.