4-Unit building, 100% stabilized with a current NOI of $35,079 and year 1 proforma NOI of $36,650 selling at a 12% cap rate. Strong rents and limited expenses with a part-time property manager available for hire. Good tenant mix and low time requirement. The roof is less than 10 years old with no deferred maintenance. Earn 20% yield on cash immediately after closing. Luxury Apartment in the Heart of DuBois, PA. This bright and spacious apartment building offers comfort, convenience, and great views all just 5 minutes from everything in DuBois. Recently updated in 2022, the units feature modern luxury vinyl tile flooring, updated bathrooms and kitchens, a laundry facility on-site, and off-street parking. Quiet, central spot in DuBois with easy access to shops, restaurants, and more. Two of the four tenants have lived in the building for over a decade with no plans to vacate. Occupancy rate has averaged above 98% since renovations.
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