135 E Market St

Highlights:

• Days on Market: 8
• Parking Features: Public
• Heating: Hot Water & Baseboard - Electric

Description:

Backs - Open Common Area, Cleared, Corner, Private, Rear Yard, Rural

Investor Alert! Landlords discover this 6-unit multi and add it to your investment portfolio today! Fully-occupied rental with 4 residential units, (2) two bedrooms and (2) one-bedroom large apartments, (1) oversized 2-bay garage, and public laundromat with positive cash flow, long-term great tenants, in the quiet country village of Berrysburg! $3800/mo income, $45,600 a year rental income. $19,032 a year in usual expenses with a net income of $26,568/yr! Cap Rate of 7.6! New $15k+ Metal Roof, deck stair replacement, water pump replaced in the last 2 years and other renovations along the years. Potential 5th apartment could be built in the large attic space above. Laundromat has 2 dryers and 1 brand new coin-op washer, with 3 more additional hookups available for 3 more that was generally maintained for just the locals and tenants. Income growth potential if marketed more to the public and more washer units added. 2-HR business Parking approved with Berrysburg Borough on the South Street, and signs are forthcoming. No need to worry about being overcharged for water bills- this property has a PRIVATE Well, with only sewer bills that are fixed. All units were renovated upon turn. Nice, corner lot, with private courtyard, back and side lawns, with on and off-street parking. Post Office, Pizza/Coffee Shops, Parks, and Dollar General, all within walking distance. This property has always been professionally maintained and managed with licensed, trusted contractors and owned by Licensed PA Broker. Taxes are only $2616/yr, and cash flows well, with options to grow! Set up to showing and must have approvals to go on site. Don’t miss out! Call for more information soon and add this stable sound investment to your long-term portfolio today!