Note: Excellent 12 unit investment opportunity! This property is a 12 unit and not a 9 unit as this is Trend's limit for the multi-unit category. Classic architecture, strong brick construction, great rental histories, layouts & varieties, generous cap rates & possible owner financing will surely not disappoint! 307 S. 4th Ave. has 12 fully leased income producing units all under one roof w/2 separate off street parking lots for 25 cars, coin operated laundry. New roof, facia, gutters, downspouts & paint work. Flexible month to month leases. Tenants pay hot water. Recently added thermostat limiters to significantly lower heating expense & raise NOI, along w/natural gas conversion of all units.
Note: Excellent 8 unit investment opportunity! Classic architecture, strong brick construction, great rental histories, layouts & varieties, generous cap rates & possible owner financing will surely not disappoint! 302 Walnut St has 8 fully leased income producing units all under one roof along with an offstreet parking lot for 15 cars. New vinyl siding, exterior painting, roof sealing and porch restoration recently done. Flexible month to month leases & coin operated laundry. Recently added thermostat limiters to significantly lower heating expense & raise NOI along with natural gas conversion in all units.
Z13802-Attention Investors! Great 5 plex which includes a commercial front & 4 apartment units with a 2 car garage on a 1 acre lot in Limerick. Possible entrance off of 2 major roads. Parking in the rear. All offers will be considered. The commercial space is now Limerick Auto Tag which is operated by one of the sellers. If the new owner wanted to use the commercial space, Limerick Auto Tag could relocate. Gross income is $51,000 per year, total expenses are $11,274 per year, net operating income is $39,726 per year. Annual expenses are heat $1,800, electric $1,300 water and sewer $900, insurance $1,800 and trash $460.00. Commercial business rent is $1,500 per month and apartments rent for $700, $750, $750 and $550 per month.
INCLUDED is Attached side lot 50 x 249 = .29 Acre Location! Location! -you know the story- great things are happening on the bottom of Main St! Be a part of it. This building is well maintained with good tenant history. The first three units are accessed from front of building, the two large units are accessed from the back. Lard yard with big off street parking in the back. Many possibilities- Look at the cap rate!!!! And there are good tenants.Month to month tenants have been there over 3 years- we left them month to month in the event new owner wants to turm them over to increase rents. New kitchens in 4 out of five units- two of the units have been gutted and totally rehabbed in the last three years. All the big stuff is done. 24 hour notice is a must.
Barn currently rented to landscaping business for $350/Month. Two car garage currently occupied by owner for storage could be rented for $200/month. Great investment with 2.32 acres in the Village Commercial District with over 580' frontage on S. Limerick Road. Two unit house with barn & garage rented. Call for details. HR 910
This is a duplex, each unit is three bedrooms with an extra room on the third floor that is a pass through. Large living rooms and kitchens in both units. Full basement and large yard along with off street parking makes this a great investment. New roof and updated windows, location in Limerick make this a must see. Perfect for the first time homebuyer, live in one and rent the other or investor rent both. Both units are currently rented. The owner is getting a combined income of $2010.00 per month. Off street parking in driveway. Public sewer and private water. Please allow 24 hour notice as courtesy for tenants.