Description
Showings start +GG 12-3 PM. Please have your agent reach out to confirm a time or call the listing agent. For sale, cash flowing LEGAL triplexes with variance for additional commercial unit bringing in total rents of $3,590 ($43,080 annual) with an estimated cap rate of 7.1%. Each building has the same layout with a four-bedroom & 2-bath unit, and (two) two-bedroom one-bathroom units. All separate utilities except water and includes in unit washer/dryers. Fire alarm monitoring in place paid to June 2024 and tax abatement for remainder of year. Buildings may be purchased together as a package or separate. Property was rebuilt from the ground up in 2013 including new electrical, plumbing, french drain, HVAC, windows, etc. Both of the commercial units are on the smaller end and were built as required by zoning. Currently used as storage for the owners but were rented in the past as a small office/ art studio. All leases are in place until May-July 2024. One lease ending 7/25/23 which will be marketed soon. 48 hours+GG notice required to not bother the tenants. One of the partners is a licensed PA realtor.
-
0BEDS
-
0.02ACRES
-
0BATHS
-
01/2 BATHS
-
2,162SQFT
-
$178$/SQFT
Description
Showings start +GG 12-3 PM. Please have your agent reach out to confirm a time or call the listing agent. For sale, cash flowing LEGAL triplexes with variance for additional commercial unit bringing in total rents of $3,590 ($43,080 annual) with an estimated cap rate of 7.1%. Each building has the same layout with a four-bedroom & 2-bath unit, and (two) two-bedroom one-bathroom units. All separate utilities except water and includes in unit washer/dryers. Fire alarm monitoring in place paid to June 2024 and tax abatement for remainder of year. Buildings may be purchased together as a package or separate. Property was rebuilt from the ground up in 2013 including new electrical, plumbing, french drain, HVAC, windows, etc. Both of the commercial units are on the smaller end and were built as required by zoning. Currently used as storage for the owners but were rented in the past as a small office/ art studio. All leases are in place until May-July 2024. One lease ending 7/25/23 which will be marketed soon. 48 hours+GG notice required to not bother the tenants. One of the partners is a licensed PA realtor.
©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Main Line. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-12-03T15:51:10.55.