Fully occupied five-unit investment property generating $45,600 in gross income and $31,070 in net income. The asset offers a strong value-add opportunity in the growing Lansford market, with stable in-place income and clear upside upon stabilization.
Tenants are responsible for their own electric and heat, while landlord responsibilities are limited to water/sewer and trash, creating a simple and efficient structure for new owner.
The property also features a roof that is only two years old, helping reduce near-term capital concerns. Additional value is supported by a six-car garage, offering potential for added rental income and improved overall cash flow.
With full occupancy, low landlord utility exposure, garage income potential, and a growing rental location, this property is well suited for investors seeking a value-add multifamily asset with the opportunity to become a strong cash-flowing investment upon stabilization.
57 days
|
89
|
5
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Zillow last checked:
Listing updated:
Listed by:
Akinlana Popoola610-735-6082,
EXP Realty LLC888-397-7352
Source: GLVR,MLS#: 777054Originating MLS: Lehigh Valley MLS
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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