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.
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