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Listed by BERKSHIRE HATHAWAY THE PREFERRED REALTY
$ 1,000,000
Est. payment | /mo
3.81 Acres Lot
$ 1,000,000
Est. payment | /mo
3.81 Acres Lot
Key Details
Property Type Single Family Home
Sub Type Other
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 1770684
HOA Y/N No
Year Built 1974
Annual Tax Amount $10,661
Lot Size 3.810 Acres
Acres 3.81
Property Sub-Type Other
Property Description
29 BEDROOMS AND 21.5 BATHS - COMMERCIAL 14 UNIT INCOME PRODUCING INVESTMENT PROPERTY THAT IS BRICK AND VINYL! STRONG, STABLE, INCOME PRODUCING INVESTMENT OPPORTUNITY! WELL MAINTAINED RENTAL PROPERTY IS SITUATED ON ALMOST 4 ACRES AND IS FULLY OCCUPIED, DELIVERING IMMEDIATE AND RELIABLE CASH FLOW FROM DAY ONE. WITH ALL UNITS CURRENTLY RENTED, THIS PROPERTY OFFERS THE STABILITY INVESTORS LOOK FOR - CONSISTENT OCCUPANCY, ESTABLISHED TENANCY AND DEPENDABLE INCOME. THIS PROPERTY HAS A LOT OF UPDATES IN KITCHENS AND BATHS, FLOORING AND MORE CENTRAL AIR IN ALL UNITS. LOWER LEVEL - 3 APARTMENTS, LAUNDRY, STORAGE ROOMS AND UTILITY ROOMS WITH HALF BATH, MAIN LEVEL - 6 APARTMENTS - UPPER LEVEL - 4 APARTMENTS. GAS /FA FURNACES AND 1 HEAT PUMP. RUBBER MEMBRANE ROOF WITH METAL ACCENTS. UTILITIES PAID BY TENANT EXCEPT COMMON AREAS AND APARTMENT 13 WHICH HAS THE HEAT PUMP.
UNIT 11 2 BED / 1 BATH RENT - $800.00 - UNIT 12 - 2 BED / 2 BATH - $900.00 - UNIT 13 - 3 BED / 2 BATH - $850.00
UNIT 14 - 2 BED / 1 BATH - $675.00. THIS BUILDING CONTAINS 29 BEDROOMS AND 21.5 BATHROOMS
THERE IS POTENTIAL FOR RENT INCREASES.
UNIT 11 2 BED / 1 BATH RENT - $800.00 - UNIT 12 - 2 BED / 2 BATH - $900.00 - UNIT 13 - 3 BED / 2 BATH - $850.00
UNIT 14 - 2 BED / 1 BATH - $675.00. THIS BUILDING CONTAINS 29 BEDROOMS AND 21.5 BATHROOMS
THERE IS POTENTIAL FOR RENT INCREASES.
Location
State PA
County Mercer
Area Lackawannock Twp
Zoning NONE
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Parking Features Off Street
Utilities Available Electricity Available, Natural Gas Available
Roof Type Other
Total Parking Spaces 30
Building
Structure Type Brick,Vinyl Siding
Schools
School District West Middlesex Area
Others
Virtual Tour https://tour.thepreferredrealty.com/7421-Sharon-Mercer-Rd-PA-16137--1770684
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