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Listed by BERKSHIRE HATHAWAY THE PREFERRED REALTY
$1,000,000
Est. payment /mo
3.81 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Apartment
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 1770520
HOA Y/N No
Year Built 1974
Annual Tax Amount $10,661
Lot Size 3.810 Acres
Acres 3.81
Property Sub-Type Apartment
Property Description
29 BEDROOMS AND 21.5 BATHS - COMMERCIAL 14 UNIT INCOME PRODUCING INVESTMENT PROPERTY THAT IS BRICK AND VINYL! STRONG, STABLE, INCOME PRODUCING INVESTMENT OPPORTUNITY! THIS WELL MAINTAINED RENTAL PROPERTY IS SITUATED ON ALMOST 4 ACRES AND IS FULLY OCCUPIED, DELIVERING IMMEDIATE AND RELIABLE CASH FLOW FROM DAY ONE. WITH ALL UNITS CURRENTLY RENTED, THIS PROPERTY OFFERS THE STABILITY INVESTORS LOOK FOR - CONSISTENT OCCUPANCY, ESTABLISHED TENANCY AND DEPENDABLE INCOME. THIS PROPERTY HAS A LOT OF UPDATES IN KITCHENS AND BATHS, FLOORING AND MORE CENTRAL AIR IN ALL UNITS. LOWER LEVEL - 4 APARTMENTS, LAUNDRY, STORAGE ROOMS AND UTILITY ROOMS WITH HALF BATH, MAIN LEVEL - 6 APARTMENTS - UPPER LEVEL - 4 APARTMENTS. GAS /FA FURNACES AND 1 HEAT PUMP. RUBBER MEMBRANE ROOF WITH METAL ACCENTS. UTILITIES PAID BY TENANT EXCEPT COMMON AREAS AND APARTMENT 13 WHICH HAS THE HEAT PUMP. UNITS 13 & 14 ELECTRIC IS INCLUDED IN RENT. UNIT GAS IS INCLUDED IN RENT. THE PROPERTY CONTAINS 29 BEDROOMS AND 21.5 BATHROOMS
THERE IS POTENTIAL FOR RENT INCREASES.
THERE IS POTENTIAL FOR RENT INCREASES.
Location
State PA
County Mercer
Area Lackawannock Twp
Zoning NONE
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Utilities Available Electricity Available, Natural Gas Available
Total Parking Spaces 30
Building
Structure Type Brick,Vinyl Siding
Others
Virtual Tour https://tour.thepreferredrealty.com/7421-Sharon-Mercer-Rd-PA-16137
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