Great Investment! 8.2% CAP RATE. Completely renovated 3 unit apartment home in Slatington! Unit #1 (first floor front) is a 1 bedroom that has all new vinyl windows, Pergo floors, brand new kitchen complete w/ appliances, Living/Dining Combo, bedrm and bath. Rent is $565/mo. Unit #2 (1st Floor Rear) is a 1 bedroom that has a Living Room, Dining Room, brand new Kitchen complete w/ appliances, bedroom and bath. Rent is $580/mo. Unit #3 (2nd & 3rd floor) is a 2-3 bedroom w/ large turret Living Room, Dining Room (or possibly 3rd bedroom), eat-in kitchen complete w/ appliances, 2 more bedrooms and bath. Rent is $750/mo. All 3 units are rented. Instant cash flow. Tenants pay all utilities except water, garbage & sewer. All units have new hot water heaters, electric baseboard heat, and all new circuit panels for each unit, plus an additional sub panel in attic for unit #3 for later expansion. Brand new roof on side porch! Lots of extra improvements! All units Sec. 8 approved.
