106-118 Rushbrook St, Jermyn, PA 18433
7 Unit Apartment Building | $1,049,000 ($149,857/Unit) | 5% Cap Rate | Jermyn, PA 18433
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $1,049,000
- Property Type
-
Multifamily
- Square Feet
- 9,600 SF
Listing Contacts
Nicole Smellie
Verified Profile
- Property Info
Property Overview
Introducing the outstanding "106-118 Rushbrook" portfolio .This is a one of a kind opportunity to buy seven row homes as one parcel . Cash flow from day one and appreciation potential. This property features 5-3 bedroom units and 2-2 bedroom unit, Five of the seven units were recently full remodeled with high quality stainless steel appliances and fixtures. new kitchen cabinets Stunning bathrooms and large central living space with large bay window. Property has low maintenance needs new rubber roof completed 5 years ago, 5 new furnaces, hot water tanks. Electric and Gas paid for by tenants, water/sewage paid for by owner. While the properties currently provide healthy cash flow, there is tremendous upside to add washing machines to the buildings and see robust increases in equity and rental rates.
Property Details
- Class
- C
- Year Built
- 1964
- Stories
- 1
- Lot Size (sq. ft)
- 6,098 SF
- Units
- 7
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