Great Investment Opportunity - 4 Unit Property! Well-maintained four-unit property featuring a solid all-brick three-unit building in the front plus a separate single-family unit in the rear. The front triplex offers strong rental appeal with separate heat and hot water for each unit, with tenants responsible for their own utilities.… Read More The landlord currently covers water, sewer, and trash for the front building. The rear unit is fully independent, with the tenant responsible for all utilities, making it an ideal setup for maximizing cash flow. Two units are currently vacant and recently updated with fresh paint and new flooring, providing an excellent opportunity for an owner-occupant or investor to set market rents immediately. Key Features: a0;a0;a0;a0;-a0;a0;a0;a0;4 total units (3 front, 1 rear) a0;a0;a0;a0;-a0;a0;a0;a0;All-brick front building a0;a0;a0;a0;-a0;a0;a0;a0;Separate utilities in front units (heat & hot water) a0;a0;a0;a0;-a0;a0;a0;a0;Rear unit pays all utilities a0;a0;a0;a0;-a0;a0;a0;a0;Two units recently refreshed a0;a0;a0;a0;-a0;a0;a0;a0;Strong income potential Don't miss this versatile property with multiple income streams and value-add potential! gross income is 51000 with 7808 in yearly expenses 43192 Net income for a 10% cap rate see documents for more detailed numbers Read Less
Courtesy of John J Miller, Suburban Realty 717-867-4487
Listing Snapshot
Days Online
33
Last Updated
Property Type
Quadruplex
Square Ft.
2,700
Lot Size
0.13 Acres
Year Built
1940
MLS Number
PALN2025416
Additional Details
Building
Built in 1940, Living area: 2700, Construction Materials: Brick, Vinyl Siding
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