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Key Facts

Type Triplex
Levels Residential Income
Size 1620 sqft
Garage No
Taxes $2,488
Lot Size 
Approx. Age 1921
Avg. Price Per Sqft $222
MLS® Number PACC2005166

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

This property has been completely renovated and will soon be occupied by year-to-year tenants with a conservative projected Gross of $49, 200, $38, 300 NET Income, and 10.5% CAP at the asking price. Owners have made a substantial financial investment into fully modernizing this 3-unit multi-family residence, renovations across all units including new windows, flooring, paint, electrical updates, new kitchens, cabinets, bathrooms, bedrooms, and updated appliances. The configuration includes two 3-bedroom, 1-bath units and one 2-bedroom, 1-bath unit. Located in Carbon County, the property is conveniently close to highways and shopping centers. One of the owners is a RE agent Tenants are responsible for electricity and heat. NOTE—The owners are fond of this property but have decided to sell it because they live 1.5 hours away, presenting a great opportunity for the right buyer. The property can be bought individually or as a package with 30+ other units nearby including: 3UNIT - 755 E Broad St, Tamaqua; 9Unit - 110 W Ridge st, Lansford; 4Unit 424 E Broad St, Tamaqua, Lansford; 4Unit 157 W Ridge, Lansford. Show and go. Can be FHA at 6.25%financing, 5%down, 30YR fixed.Show Description
MLS® NumberPACC2005166
Laundry Level
Central VacNo
FireplaceNo
Acreage0.06
Exterior
GarageNo
Approx. Age1921
BasementPartial
DrivewayOn Street
Garage Spaces
HeatBaseboard - Electric, Radiator, Oil, Electric
A/CWindow Unit(s), Electric
Heating Fuel

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