UNIQUE INVESTMENT OPPORTUNITY in this FULLY OCCUPIED 21 unit property situated on just shy of 10 acres consisting of two parcels and a short 20 minute commute to the Lehigh Valley. This property consists of 2-3BR units, 2-2BR units, 12-1BR/ efficiency units, 3 storage spaces, a workshop with garage, and a commercial garage. Plenty of value add and upside potential with rent increases and the potential to add more units. Check with zoning and the local municipality regarding options. All units are fully occupied with 1 year leases/security deposits in place. Owners pay W/S/T and common electric. All utilities are separate and tenants pay heat(electric), electric, and cable. New roofs and windows were recently installed on all the main buildings and commercial garage.List price reflects a cap rate of over 11% based on current rents and occupancy. Don't miss out on this unique opportunity!!!
Listing Courtesy of LEHIGH VALLEY ASSOCIATION OF REALTORS / Century 21 Keim Realtors / Shane Keyser
$279,900 (USD)
Not In Development Area Townhouse
Active
782 Jefferson Street Red Hill Boro, PA 18076
3 Bed
3 Baths
1940 sqft
MLS# 770850
Check out this 3 Bedroom 2 1/2 bath townhome conveniently located in a quiet neighborhood in Red Hill borough. Feaures to this home include off-street parking, central air, replacement windows, and newer hot water heater heat pump. The mainn floor consists of a living room, eat-in kitchen, half bath and bonus sunroom. Upstairs are 3 spacious bedrooms along with a private on suite master bath. Additional highlights include a finished basement, fenced rear yard, parking for 2 cars, and no HOA fees. This home is need of cosmetic updating and being sold as is. Super solid with great bones and in a prime location within walking distance to Green Lane Park and Upper Perkiomen High School. Schedule your showing today!!!
Listing Courtesy of LEHIGH VALLEY ASSOCIATION OF REALTORS / Century 21 Keim Realtors / Shane Keyser