1573 E PHILADELPHIA AVENUEGILBERTSVILLE, PA 19525




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$2,281ANOTHER 422 OPPORTUNITY !!! Commercial property in Gilbertsville on Route 73 housing a martial arts school/gym and an occupied residential rental. Property owner is also martial arts school owner and requires a 1–2-year lease back @ $2000/month to see a couple students through their training careers. If you're an investor, this is great; if you're a user you ll have to wait 1-2 years to occupy. Front portion has a basement and stairs to a semi-finished attic. Efficiency apartment could possibly be made into larger unit obtaining more income. Large parking lot. Current apartment income is $1500 per month. 1500 +2000/month =$42000/year - 6205(taxes) - 2500(ins) - 2500 (CAM)=$30795 NOI.
| 17 hours ago | Listing updated with changes from the MLS® | |
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