3026 Main St, Mansfield, PA 16933
14 Unit Apartment Building | $950,000 ($67,857/Unit) | 4.36% Cap Rate | Mansfield, PA 16933
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $950,000
- Property Type
-
Multifamily
- Square Feet
- 6,527 SF
Listing Contacts
Michelle Strange
Verified Profile
- Property Info
Property Overview
15 Unit Apartment Complex - Investors Take Note! Possble OWNER FINANCING - Your new investment consists of 13 single apartments with a communal kitchen & a 2-unit home, bringing the total door to 15! Newly renovated & improved, tenants are lining up to rent the efficiency apartments. Sale will include the land, buildings & business (website)! Units are renting for $750-$790/mo. as some come furnished & one is currently used as a VRBO, renting out weekly. Duplex is owner occupied but will rent for $1100-$1300/mo. Tenants enjoy the spacious, private back yard and the picnic & recreation space built down by the Tioga River. Each unit has a refirgerator & microwave & enjoys the use of the communal kitchen. On site coin-operated laundry brings in additional cash flow each week, with room to expand & add more of them. Duplex had its own laundry facility. Talk to your agent about the Sellers' Investment Portfolio that they will consider Owner Financing for all 6 properties.
Property Details
- Class
- B
- Year Built
- 1921
- Stories
- 1
- Lot Size (sq. ft)
- 155,945 SF
- Units
- 14
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