
Seller's Agent in 2014
Michael Choplin
RE/MAX
(610) 291-3056
46 Total Sales
Priced to sell! Here is the perfect opportunity to own an investment property consisting of 6 studio apartments. This is a unique and well maintained building that will produce an excellent return on your investment for many years to come. 12.4% CAP rate! There are six studio apartments which average 400 sq ft. All have gas cooking and electric heat with separate meters for all units. Landlord pays water and sewer which is about $1300 per year. Property is 100% occupied and has an excellent rental history and long term Tenants. Current owner keeps the building in great condition! Recent improvements include newer roof, windows and water heaters. Converted from oil heat to gas cooking and electric heat with all meters separate. A perfect first time investment property or for any experienced investor looking to significantly improve their cap rate and portfolio.
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
02/05/2014 02/05/14 | Sold | $155,000 | -18.0% | $66 / Sq Ft |
01/15/2014 01/15/14 | Pending | -- | -- | -- |
08/03/2013 08/03/13 | For Sale | $189,000 | -- | $81 / Sq Ft |
Seller's Agent in 2014
Michael Choplin
RE/MAX
(610) 291-3056
46 Total Sales
Source: Bright MLS
MLS Number: 1003542216
APN: 549782640243-1