900 MAHANTONGO STREETPOTTSVILLE, PA 17901
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$2,7157 unit investment property. Gross Rental Income: $86,100 (Projected) Net Operating Income: $69,258 (Projected) This is a rare opportunity to own a 7-unit, all-brick apartment building with large, well-laid-out units and substantial upside potential. Five of the seven apartments are currently vacant, giving you a chance to renovate cosmetically and increase rents significantly as the apartments are large. Key Highlights: - Beautiful, classic brick construction - All units separately metered for electric and water! tenants pay their own utilities - Electric heat throughout simple, low-maintenance systems - Clean, coin-operated laundry on-site - Light cosmetic work needed to push rents to market rate - Easy-to-manage investment with minimal ongoing maintenance Currently producing $19,800/year in gross income with projected rents reaching $86,100/year making this a great value-add for a smart investor.
| 3 months ago | Listing updated with changes from the MLS® | |
| 3 months ago | Status changed to Active | |
| 3 months ago | Listing first seen on site |
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