Average square foot calculated using Size range provided by listing agent.
Description
EXCELLENT INVESTMENT OPPORTUNITY! This 10-unit apartment complex generates strong cash flow with the smallest unit renting at $450/month and all others at $650/month. Current net income is approximately $28, 000 annually with plenty of upside potential for increased rents. Don’t miss your chance to own a solid income-producing property with room to grow! Each of the stand alone units (1, 2, 3, 4, 10) have their own gas and electric meters. The block building units 5, 6, 7, 8, 9 all work off one gas, electric meter. Units 5, 6, 7, 8, 9 are serviced off one gas water heater that is in the closet of #7. The stand alone units all have gas water heaters, gas furnaces, gravity type wall , #3 has a gas forced air unit. All units come with working gas range stove and electric fridges. The only exception is #8, seller hasn't replaced it.Show Description
MLS® NumberPA1260290
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1948
Stories
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatElectric, Natural Gas, Individual Unit, Other
A/CMulti Units, Wall/Window Unit(s)
Heating Fuel
Extras
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