Listing IDPAMC2042088
Price$450,000
StatusACTIVE
Acres 0.070
CountyMontgomery
SubdivisionPOTTSTOWN
Year Built1890
Property TypeCommercial Sale
Property Sub TypeFive Or More Units
Listing Agent
Liesel Tarquini
Liesel Tarquini
This 6-unit apartment building is as close to passive income as they come! Well-maintained and fully occupied, the building includes four 1 bedroom-1 bathroom units and two studio apartments. Rents and coin-operated laundry revenue are over $59,000 annually, giving it an impressive 8% cap rate. Bring all rents up to current market value for even higher revenue! Owner pays for gas, common-area electric, water, sewer and trash. Building is Section 8 approved.
© 2022 Bright MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is 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. Listing courtesy of Styer Real Estate. Data last updated on Sunday, July 3rd, 2022 10:03:11 AM.

Contact - Listing ID PAMC2042088


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Liesel Tarquini

United States
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