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902 Lincoln Hwy
N. Versailles, PA 15137

902 Lincoln Hwy North Versailles, PA 15137 902 Lincoln Hwy N. Versailles, PA 15137Get Directions ❯
$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

  • 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

  • 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

West Penn MLS  Listing Courtesy of: Bridge Home Realty
 

Last updated: 03/11/2024 6:11:31 AM

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