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202 Market St
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202 Market St
Freeport Boro, PA 16229

202 Market St Freeport, PA 16229 202 Market St Freeport Boro, PA 16229Get Directions ❯
$175,000

Property Description

Great Investment in Freeport School District. This fourplex features two 2 bedroom 1 bath units and two 1 bedroom 1 bath units. All units are on current leases. Tenants pay Electric and Gas. Landlord Pays Water, Sewage, and Garbage. Sprinkler system installed on the second floor units in 2017. Roof is newer, installed by previous owner. All units have washers, dryers or combo units that are included in the sale. Unit 4 has central electric AC. 1 Car Garage and 4 additional parking spots included, assigned to tenants in leases. Unit 4 tenant takes care of winter snow for exchange of garage usage. These units have been well maintained and updated and could garner more rent with new leases. Sellers have never had vacancy as these units have always been easily rented. 10% Cap Rate. Easy access to Route 28.

  • Township Freeport Boro
  • MLS ID 1459808
  • Property type: MUL
  • Status Active
  • Estimated Taxes $2,313

Additional Information

  • Owner's P & L
    Gross Annual Income: $27,360

    Vacancy Percentage: 0

    Net Operation Income: $18,626

    Estimate Annual Taxes: $2,313

    Aproximate Lot Size
    0.08

    Status
     Active

  • Units Available: 4
    Unit # Bedrooms Full Baths Half Baths Rent
    1 2 1 0 $650
    2 2 1 0 $580
    3 1 1 0 $500
    4 1 1 0 $550
  • Utilities
    Gas
    Water
    Electric
    Sewer

  • Parking
    4 - DETGRG,OFFST

West Penn MLS  Listing Courtesy of: Coldwell Banker Real Estate
 

Last updated: 07/31/2020 3:32:09 PM

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