2964 MAIN ST, Morgantown, PA 19543

• 4 beds |
• 2 baths |
• 1,825 sqft

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%. 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 Status:

Pending

Date Added:

February 7, 2026

Data Last Updated:

March 24, 2026 at 7:18AM

Listing Office:

RE/MAX Preferred - Malvern : 6109026100

Listing Agent:

Martin L Lockhart : 6104209091

MLS ID:

PABK2067756

Interior

• General: Bathroom - Stall ShowerCarpet
• Basement: FullUnfinishedOutside entrance
• Flooring: CarpetCeramic tileLaminated
• A/C: Central A/C
• Heating: Heat Pump - Electric BackUpElectric
• Disability Feature: None

Exterior

• General: SidewalksStreet LightsAbove GradeBelow Grade
• Style: Colonial
• Other Structures: PorchBalcony
• Parking: Private

Construction

• Roofing: PitchedShingle
• Windows: Replacement
• General: StoneVinyl Siding2.5Stone

Location

• Originating MLS: BRIGHT_MAIN
• School District: TWIN VALLEY
• County: BERKS-PA

Lot

• Zoning: MULTI35-5310-16-84-8472

Utilities

• Utilities: Cable tv available200 amp serviceCircuit breakers
• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN
• Exclusions: Tenants Personal Property