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Key Details
Sold Price $327,000
Property Type Condo
Sub Type Apartment Style
Listing Status Sold
Purchase Type For Sale
Square Footage 920 sqft
Price per Sqft $355
Subdivision No Subdivision
MLS Listing ID 680997
Sold Date 03/28/22
Bedrooms 8
Full Baths 6
Year Built 1900
Annual Tax Amount $5,038
Lot Size 3,485 Sqft
Property Description
$43,500 Gross, $28,844 Net, 8.2% Cap @ $360,000 asking. Projected income can easily go over $50,000 by raising the rents. There are 5 (five), 1 (one) bedroom apartments, and 1 (one) 3 bedroom apartment. Expand your real estate portfolio with a cash flowing and value add property. Priced to sell and the same seller has 16 more units nearby. Buy this along with MLS #'s 681001, 680997, 680993, 676788 and 679571#'s all for $1,255,000. Buy them all with a built-in property manager. If you are looking for a value-add project to complete and refinance out of, this is the one.
Location
State PA
County Carbon
Area Lansford
Interior
Cooling No Air
Exterior
Parking Features None
Garage Spaces 6.0
Building
Story 2.0
Sewer Public
Water Public
New Construction No
Schools
School District Panther Valley
Others
Financing Cash,Conventional
Special Listing Condition Not Applicable
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Bought with EXP Realty LLC