Property
Beds
6
Full Baths
None
1/2 Baths
None
Year Built
1900
Sq.Footage
3,499
Four unit apartment building with brick construction, 4 newer gas boilers and washer/dryers in each apartment, 5 updated separate electric boxes. Fully rented with long term tenants. Ample off street private parking lot. Perfect unit mix: 2 first floor apartments with one and two bedrooms each, and 2 second floor apartments with one and three bedrooms each. Strong rental history with below market rents. Yearly income of $48,100 with estimated upside of 25% rental increase. Can be purchased individually or with the brick building next door (167 Main Street) for an 8 unit property! Perfect investment property. Income & Expenses Unit Rent 171 A = $875 171 B = $1395 173 A = $870 173 B = $875 Rent $48,180 ($4,015/ month) Taxes $6924 Insurance $2029
Features & Amenities
Interior
-
Total Bedrooms
6
Area & Lot
-
Lot Size(acres)
0.28
-
Property Type
Residential Income
-
Architectural Style
Colonial
Exterior
-
Garage
No
-
Construction Materials
Brick
Financial
-
Sales Price
$499,000
-
Tax Amount
6963.0
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Location
County
MONTGOMERY
Elementary School
Middle School
High School
Listing Courtesy of Donna Maicher , RE/MAX 440 - Pennsburg
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Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
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