This five-unit apartment building offers an excellent income-producing opportunity, with three units already occupied and two needing renovation. The property consists of: 1- Five-bedroom apartment - (two stories) Owner occupied - $1500-1600 projected1 Three-bedroom apartment - (two stories) Needs to be rehabbed, vacant - $1400 projected2 One-bedroom apartments - One needs rehabbing, one is occupied - $650 long-term tenant1 Two-bedroom apartment - Occupied - $850 The existing tenants provide immediate rental income while renovating the remaining units allows for added value and potential rent increases. This property could be ideal for investors looking to add value through renovation while benefiting from current cash flow. If you'd like to explore specific details, such as parking availability or potential renovation costs, feel free to ask! Call today for a private showing!
MLS# | PASK2017954 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1900 |
Days On Site | 8 |
Listing Provided By | Coldwell Banker Realty | CHRISTINE MCAFEE |
Zoning | COMMERCIAL |
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Acreage | 0.17 |
Property View | Yes |
State | PA |
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County | Schuylkill |
City | Frackville |
Zip Code | 17931 |
Area | Frackville Boro |
School District | North Schuylkill |
Listing VS Median (in 17931) | |
Price: $329,000 low | high Med: $149,900 On Site: 8 low | high Med: 32.500000 |