Turnkey investment delivering immediate cash flow with a 9.9% cap rate and built-in annual income growth! This fully leased mixed use property is an exceptional opportunity for investors seeking a stable, low-maintenance asset. The current tenant is secured with four years remaining on the lease, featuring 3% annual rent increases… Read More that provide predictable cash flow and long-term appreciation. Positioned on a highly visible corner lot, this extensively remodeled property requires no updates, allowing a new owner to step into a truly turnkey investment. The tenant is responsible for all utilities and landscaping, significantly reducing ownership responsibilities while maximizing net income. Offering approximately 1,835 square feet of finished space, the building features beautiful hardwood flooring throughout, natural gas forced-air heat, central air conditioning, a full basement with interior access for additional storage, and an attic for even more storage potential. The property also includes two off-street parking spaces, an updated roof installed in 2018, and well-maintained mechanical systems, making it an attractive, worry-free investment. Whether you're looking to expand your commercial portfolio or complete a 1031 exchange, this is a rare opportunity to acquire a fully occupied, professionally updated, income-producing property with strong returns from day one and built-in rental growth for years to come. Read Less
Courtesy of Bailey Michelle Quinn, Keller Williams Elite 717-553-2500
Listing Snapshot
Days Online
3
Last Updated
Property Type
Twin Home
Beds
3
Full Baths
1
Partial Baths
1
Square Ft.
1,835
Lot Size
0.04 Acres
Year Built
1920
MLS Number
PADA2061256
Additional Details
Basement
Full
Building
Built in 1920, Living area: 1835, 3 stories, Levels: 3, Construction Materials: Brick
Cooling
Central A/C
Accessibility Features
None
Floors
Solid Hardwood
Foundation
Stone, Brick/Mortar
Heating
90% Forced Air
Interior Features
Attic
Lot
0.04 acres
Parking
Private
Property
Excellent, Other structures: Above Grade, Below Grade
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