902 Lincoln Hwy
N. Versailles, PA 15137
902 Lincoln Hwy North Versailles, PA 15137
902 Lincoln Hwy
N. Versailles, PA 15137
$275,000
Property Description
Fantastic cash flowing 5 unit in North Versailles. 4 units are residential and 3 are currently occupied. The 4th unit is currently being marketed at $650. The residential units have been updated as tenants moved in. Tenants pay their own gas and electric. Water/sewage stays in owners name. There is a common gas account ($50 - $100 a month) and common Electric ($20-$25 per month). Dumpster service is around $440 per year. 5th unit is a huge commercial space that has been completely redone and could be a great office for businesses including dental, doctor, medical office, insurance agencies, contractor company, etc. Was previously used to run a very successful landscaping company. Great location and access. Estimated market rent of $2,000-3,000 per month. 15 off-street parking spaces can be used by the residential or commercial tenants. Great opportunity to own a fantastic investment building.
- Township N. Versailles
- MLS ID 1643868
- Property type: MUL
- Status Active
- Estimated Taxes $5,957
Additional Information
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Owner's P & L
Gross Annual Income: $28,920
Vacancy Percentage: 5
Net Operation Income: $18,817
Estimate Annual Taxes: $5,957
Aproximate Lot Size
0.2562
Status
Active
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Units Available: 5
Unit # Bedrooms Full Baths Half Baths Rent 1 1 1 0 $625 2 1 1 0 650 VAC 3 0 1 0 $550 4 0 1 0 $585 -
Parking
15 - Off-Street Parking
Transportation
School: 1
Public: 1
Last updated: 03/11/2024 6:11:31 AM