USAPASinking SpringSinking Spring3444 Penn Ave

3444 Penn Ave, Sinking Spring, PA

Name: 3444 Penn Ave, Sold in Sinking Spring - eXp Realty
Brand: RE/MAX of Reading
SKU: PABK2064998
Price: 325000 USD

Real Estate

Sold

Listed price in listed location currency (USD).

$295,000

$325,000

020

MLS® PABK2064998

Key Facts
Description
Map

Key Facts

Type Mixed Use

Levels Commercial Sale

Size -

Garage No

HOA Fees

Taxes $3,248

Approx. Age 1910

MLS® Number PABK2064998

Property Address: 3444 Penn Ave, Sinking Spring, PA, 19608-1180

Average square foot calculated using Size range provided by listing agent.

Description

Wilson Schools mixed use semi-detached multi-unit building on a prime very busy Penn Ave location in Sinking Spring with a detached 763 sqft 2 story 2 car garage and parking lot for 8 cars with separate gas heat, hot water and electric for the 2 units in the building. The garage & common area electric are on the unit one's meter. Unit 1 consists of the commercial space and is being used as a beauty salon with a large open space, powder room, kitchenette with storage, basement access, access to the exterior rear deck, side yard and parking lot. This unit has new gas heat with central air, gas hot water, 100 AMP electric, basement storage. The salon unit is in excellent condition and is currently rented by a nearly 3 year tenant at $1, 500.00 a month. Unit 2 is the residential apartment, 2nd & 3rd floors consisting of 5 rooms, 3 BRS, living room, kitchen & bath. This unit pays for its gas heat, hot water & electric and also has a new gas furnace and central air unit. This unit needs some minor TLC and updating due to being occupied by the same tenant for 25 years and it was just vacated. Projected market rent is $1, 800.00. Unit 3 is the 2 story, 2 car detached garage with electric and heat that is currently owner occupied but market rent is $300 a month. There is paved parking for 8 cars and a side yard that could provide more parking or an outdoor recreational area. Projected income & expenses due to the garage being owner occupied and unit 2 just vacating. Projected income: 43, 200K. Breakdown: Unit 1: $1, 500.00. Unit 2: $1, 800.00. Unit 3: Garage: $3000.00. Expenses: $8, 043.00. Breakdown: Insurance: 2500. Water: 800. Sewer: 900. Electric: 0. Gas: 0. Trash: $495.00. Taxes: $3, 248.00. NOI: $35, 157. Projected Cap Rate: 11%. This is a fantastic investment opportunity for a business owner occupant or an investor.

MLS® NumberPABK2064998

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1910

Stories4

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Range/Oven, Refrigerator, Salon equipment, Washer, Dryer

Price History

Jan 29, 2026End Date

$295,000Sold Price

Sold

Nov 3, 2025List Date

$325,000List Price

Commute

Commute

Starting Address

Destination Address

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