228 Long Ln
$449,900
228 Long Ln, Upper Darby, PA 19082
8.5
Cap Rate
38,000
NOI
Details:
Highlights:
- Days on Market: 2
- Parking Features: Private
- Heating: Hot Water, Baseboard - Hot Water, Wall Unit, Other
Description:
Great investment opportunity. Fully occupied!!!!! Money maker mixed used multi-family. Monthly Rental income 4100. Two front commercial/office/business/store units and Two back apartments, plus Back Garage /Storage area . Unit#1) 1st Floor Store Front -Convenient Store with 1 powder room , Current Rent 900/M Unit#2) 2nd Floor FRONT office -Photography Digital Studio with 1 powder room, Current rent 900/M Unit#3) 2nd Floor BACK 1 Bedroom apartment, rented 1000/M Unit#4) 3rd Floor, 1 Bedroom Apartment current rent 1000/M Unit#5) Back Garage and Storage Rent 300/M . All 4 units and back Garage rented!!!!! Tenants pay their own electricity. Annual total rental income 50K and total annual expenses 12K, Net Rental income 38K. Money maker investment property, well maintained ,excellent condition with recent upgrades , very convenient location next to 69th St subway and bus. Possible sellers financing for qualified buyers.
Location
Gallery
