Priced to sell. Only $35,816 per unit. Fully occupied turn key investment property. At asking price cap rate is 11.35%. Additional coin operated washer/dryer income not included in current net income. Property is currently managed for $100 per month. Self manage and further increase your return. Low maintenance building with newer windows and vinyl siding. Property will be sold with clear certificate of occupancy. Built as an apartment building so the apartments feature nice floor plans with huge closets and large rooms. Most apartments retain their charming wood work and details such as pocket doors. Extensive renovations over the last 5 years including new fire alarm system, emergency lighting, water heaters, windows and insulation board behind maintenance free vinyl siding. Furnace and roof are also up to date. Appliances include 6 stoves, 6 refrigerators, 2 dishwashers, two coin operated washers and two coin operated dryers. 2 members of Bertsch Street LLC are licensed PA Realtor.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
