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323 Franklin Street
Slippery Rock Boro, PA 16057

$389,900

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Property Description

Perfect Opportunity-Perfect Location! 8% Cap Rate ! 8 bedroom Rooming house: shared common areas include 2 bathrooms, kitchen, hallways, lg private yard, front porch, rear deck, rear patio. Parking for up to 8 vehicles. Each room includes bed, table, chair, desk, refrigerator, shelves+utilities! Kitchen has table, chairs, gas stove, sink and cabinets, Coin operated washer/dryer on first floor for ADDITIONAL income of $1000-$1200 yr. One full bath w/tub on 1st floor: 2nd full bath w/shower on 2nd floor. One meter for utilities. Charm and Character through out, beautiful large private lot with perennials, fruit trees, and more. Firepit towards rear of property. Walk out, very clean and bright basement Updates include windows, electric, plumbing, Main furnace new 2022, H20 tank, addition to house, Trex deck, re-built chimneys, heated gutters. Very well kept home, excellent rental history-low/no vacancy Less than a block from Main Street shops/restaurants. City inspected 2023

Township Slippery Rock Boro
MLS ID 1630254
Property type: MUL
Status Active
Estimated Taxes $2,175

Additional Information

Owner's P & L

Gross Annual Income: $39,740

Vacancy Percentage: 0

Net Operation Income: $29,979

Estimate Annual Taxes: $2,175

Aproximate Lot Size

90X180X90X180 M/L

Status

Active