Lansdowne, Pennsylvania
Delaware County
MLS#: 5308239
William Penn School District
8 bedrooms, 5 full bathrooms
$378,000
Positive cash flow for the smart investor. This multi unit rental property, consists of a total of 7 rental units. 3 apartments, 1 separate single carriage home, and 3 garages. Combined residential rents equal $2700 per month with an additional rental potential of 450 for the 3 garages makes this an outstanding investment, totaling $3150.00 of rental income each month! This property has a new large, off street parking lot which provides more than ample parking for the tenants. Public transportation runs right by and shopping is within walking distance. All units have separate gas and electric. Every unit has a new heater and hot water heater. The building has all new roofing and copper plumbing. This investment is worry free with good tenants. Each unit has been recently updated, so no need to budget funds for improvements. Even the fire alarm system is recently installed and up to township code. Owner is anxious to make a deal and will consider all offers as well as a possible seller assist.
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