Description
Fully occupied with $108K Actual Gross, $92,753 Actual Net, 7%+ CAP @ asking price. Owners invested over $400K to completely rehab and update this cash-flowing, turnkey, 7-unit multi-family, located in coveted Bucks County on a corner lot with a private backyard including 8 parking spaces. Upgrades include Re-pointed Brick, 20+ NEW windows, new electric, new flooring, fresh paint, and brand-new baseboard heaters installed in all units, an updated roof, all-new electric water heaters, and completely remodeled kitchens, BRs, living areas, and bathrooms. All newer appliances, some stainless. There are five (5) large 1BR/1BA units, one (1) 2BR/1BA, and one (1) very large, 3-story 3BR/2BA. All brand new, clean, friendly tenants that love the rebranding of this property and have 1-year leases.
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0BEDS
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0.31ACRES
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0BATHS
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01/2 BATHS
Description
Fully occupied with $108K Actual Gross, $92,753 Actual Net, 7%+ CAP @ asking price. Owners invested over $400K to completely rehab and update this cash-flowing, turnkey, 7-unit multi-family, located in coveted Bucks County on a corner lot with a private backyard including 8 parking spaces. Upgrades include Re-pointed Brick, 20+ NEW windows, new electric, new flooring, fresh paint, and brand-new baseboard heaters installed in all units, an updated roof, all-new electric water heaters, and completely remodeled kitchens, BRs, living areas, and bathrooms. All newer appliances, some stainless. There are five (5) large 1BR/1BA units, one (1) 2BR/1BA, and one (1) very large, 3-story 3BR/2BA. All brand new, clean, friendly tenants that love the rebranding of this property and have 1-year leases.
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