Diversify your real estate investment portfolio with this highly visible multi-tenant corner property located at 7th & Chestnut Sts in the Borough of Coplay. It is zoned C-1 Commercial and includes a beauty shop ($425/mo rent), 3 apartments (2 rented @ $650 & $590/mo). One is vacant ($800/mo projected) and a possibility for a 4th effeciency apt. could be developed ($250/mo projected) There are also 3 garages. One is rented with the apt above the garage. One is rented for $40/mo. and one is vacant. Currently the beauty shop, 2 apt's & 2 garages are rented. Actual Gross Income is $20,460/yr with potential for additional $17,400 with renting 2 more apt's ($800 & $600/mo.) plus 1 garage @ $50/mo. Property is in good condition; however, owner prefers to sell it as-is with the buyer to be responsible for any repairs. One of the owners is a licensed PA Realtor.
