Attention Investors, Contractors and car enthusiasts. Two unit house with EIGHT storage units in Muhlenberg Schools. Two unit house is great for rental or owner occupant. House is in good condition with newer roof, some newer flooring, and paint. Long term tenants. Unit one is ALL on first floor easy access, 2 bedrooms (one walk thru) close to parking lot, very desirable with storage in basement. This apartment is vacant and easy to show. Great unit for owner/occupant. Also has a finished unheated enclosed front porch used as spare room or storage. Unit two is on second floor, 2 bedrooms (one walk thru) with storage in huge attic. Second apartment is rented for $750/month. Owner pays heat, W/S, trash/rec, and hot water. Basement is a common area for tenants with washer dryer hook up. Great place to install coin operated washer and dryer. Eight storage units behind two unit house. Two buildings four units in each building. Units 1-4 are large enough to house cars (9x18), units 5-8 are great for storing materials and equipment (8.5x14). Rents are currently very low with half of the units vacant. Units should easily rent for $75 to $125 per unit. Total storage rents equal $190 per month. If storage units would be fully rented at market rents it would increase your monthly income significantly. All this is located on a large .51 acre lot. Total income $20,880 Expenses are taxes $3751, Insurance $1128, W/S $1520 Gas heat and hot water $2027 Trash/Rec $750.
Courtesy of: Century 21 Gold Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 24th January, 2022 4:46 PM