Fully occupied 4-unit investment property in Clearfield, PA! Offered at $90,000, this property provides immediate rental income with significant potential for increased returns. Currently generating $19,740 in annual gross rents with a $12,240 NOI and 13.60% cap rate. Projected annual gross rents of $39,600 and NOI of $28,128 offer additional upside for investors. The building consists of two 1-bedroom units and two 2-bedroom units, all occupied on month-to-month leases with rents currently well below market. Each unit has separately metered heat and electric, paid by tenants. Four off-street parking spaces and public water and sewer add convenience. An opportunity to acquire an income-producing property with room for future improvements and rental growth!
Listed By
Agency Name: Realty One Group Supreme
Agency Phone: 6103213730
Shown By
Agent Name: Janine Dutter
Agent Phone: (570) 690-6018
Agency Title: Lewith & Freeman
Lewith & Freeman Janine Dutter (570) 690-6018 jdutter@lewith-freeman.com
Estimated Payment
$ 679.76 per month $512.51 Principal & Interest $141.00 Property Tax $26.25 Homeowner's InsuranceSend an email with a link to
7 S 5th Street , Clearfield, PA 16830.
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7 S 5th Street , Clearfield, PA 16830.
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7 S 5th Street | MLS# PACD2045630
This multi-family property located at 7 S 5th Street , Clearfield, PA 16830 is currently listed for sale with an asking price of $90,000. S 5th Street is located within the CLEARFIELD AREA school district. Search Clearfield real estate on jdutter.lewith-freeman.com today.