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$ 360,000
Est. payment | /mo
8 Beds
3 Baths
3,240 SqFt
$ 360,000
Est. payment | /mo
8 Beds
3 Baths
3,240 SqFt
Key Details
Property Type Condo, Multi-Family
Sub Type Apartment Style,Both Halves,Duplex/Both Halves
Listing Status Active
Purchase Type For Sale
Square Footage 3,240 sqft
Price per Sqft $111
Subdivision No Subdivision
MLS Listing ID 748368
Bedrooms 8
Full Baths 3
Year Built 1921
Annual Tax Amount $5,500
Lot Size 3,100 Sqft
Property Description
This property has been completely renovated and will soon be occupied by year-to-year tenants with a conservative projected Gross of $49,200, $38,300 NET Income, and 10.5% CAP at the asking price. Owners have made a substantial financial investment into fully modernizing this 3-unit multi-family residence, renovations across all units including new windows, flooring, paint, electrical updates, new kitchens, cabinets, bathrooms, bedrooms, and updated appliances. The configuration includes two 3-bedroom, 1-bath units and one 2-bedroom, 1-bath unit. Located in Carbon County, the property is conveniently close to highways and shopping centers. One of the owners is a RE agent
Tenants are responsible for electricity and heat. NOTE—The owners are fond of this property but have decided to sell it because they live 1.5 hours away, presenting a great opportunity for the right buyer. The property can be bought individually or as a package with 30+ other units nearby including: 3UNIT - 755 E Broad St, Tamaqua; 9Unit - 110 W Ridge st, Lansford; 4Unit 424 E Broad St, Tamaqua, Lansford; 4Unit 157 W Ridge, Lansford. Show and go. Can be FHA at 6.25%financing, 5%down, 30YR fixed.
Tenants are responsible for electricity and heat. NOTE—The owners are fond of this property but have decided to sell it because they live 1.5 hours away, presenting a great opportunity for the right buyer. The property can be bought individually or as a package with 30+ other units nearby including: 3UNIT - 755 E Broad St, Tamaqua; 9Unit - 110 W Ridge st, Lansford; 4Unit 424 E Broad St, Tamaqua, Lansford; 4Unit 157 W Ridge, Lansford. Show and go. Can be FHA at 6.25%financing, 5%down, 30YR fixed.
Location
State PA
County Carbon
Area Lansford
Interior
Cooling Wall AC
Building
Story 2.0
Sewer Public
Water Public
New Construction No
Schools
School District Panther Valley
Others
Financing Cash,Conventional,FHA,FHA-203k,Seller Assisted
Special Listing Condition Not Applicable
Listed by EXP Realty LLC