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The Baj Team is pleased to offer this package of (2) 6 unit multifamily investment properties for a total of 12 rental units. These adjacent properties are centrally located in historic Easton, walking distance to the downtown area and its central square. Easy and convenient access to shopping, restaurants, and highways. Each unit has 2 allocated off-street parking spaces. One building contains (6) one bed/one bath units. The second building contains (3) one bed/one bath units and (3) two bed/one bath units. On-site laundry room can be reactivated for additional income. Most units have been renovated, including new appliances. One building has recently had all 44 of its windows replaced. Central fire alarms are in place. All units are electric (heat/hot water) and have their own hot water heater. Tenants pay electric. Owner pays trash and water.Laundry room with hookups for 2 washers and 2 dryers can provide additional income.
8,000SF Three Story building that was formerly a rooming house. High ceilings. Opportunity to convert to apartments on 2nd and 3rd floors and 1st floor use for office/retail/restaurant. Number of units is ESTIMATED. Building is not currently configured for individual apartments.Located on South Main Street in downtown Phillipsburg. Just across the river from Easton, PA. Easily access to Route 22.
2.35 Acres of land for development. Property has a main house, separate garage, and second residence. Homes can be rehabed or torn down for retail / residential development. This parcel can be combined with neighboring property of 4 acres for a total development site of 6.4 acres Total portfolio price for 6.4 acres ask is 2,690,000
Nice 2 unit home in beautiful Historic Nazareth. Each side of the home has 3 bedrooms with the possibility of 5 if heat is installed in the finished attic. One side is currently used for storage and the other is tenant occupied. Upon entering you are greeted by the large sitting area w/ split staircase that leads to the spacious living room to the left and the dining room to the right. Through the DR you have the kitchen with double sink and plenty of cabinet space and a half bath. Upstairs you have 3 very spacious bedrooms and a full bath. The attic has been finished into 2 additional bedrooms, just needs heat. The other unit is the same just without the finished attic, kitchen and 1/2 bath. The home has lovely woodwork, pocket doors, a beautiful new wraparound porch, and a nice sized yard. Live in one side and rent out the other, turn side yard into parking lot, make one side commercial and live in the other side. Possibilities are endless!
9.5% CAP RATE!! Nicely updated and fully occupied turn-key 5 Family! Additional 8 Family (MLS # 3129730) also available!
$73,680 ANNUAL GROSS INCOME! Fully rented and nicely updated, turn-key 8 unit apartment bldg on a large .29 acre lot w/ off street pkg + 5 garages! Roof replaced in 2006. Add'l 5 FAM also available! (5 FAM is MLS # 3129760)
Unique property with unique zoning. Set up as two luxury semi detached homes. One is owner occupied and the other is a residential rental unit. Additionally there is a detached office/shop that is appropriately zoned for commercial or could be converted to a third residential unit. Would make wonderful opportunity for someone who wants to be an owner occupant, have residential rental income and use the shop/office or obtain additional rental income from the shop/office. Or purchase as an investment and rent all three units to others. Would also make a great multi generational home complex. Truly a unique mixed use opportunity that would difficult to duplicate at this price.
This is a 20 Room Boarding Home. Estimated Max income $22000/month Expenses are currently high at $21,000 The investment here is to repair the building and run this like a business. It is currently run loosely and neither income nor expense are honed. This is a real money maker. Taxes are over assessed at a value of $606,000 and there are many more inefficiencies.
This 3 unit building is a wonderful investment. It produces income of 36,000 per year and also has town center zoning for many in-home businesses and other uses. Extremely well cared for in all aspects, and could be occupied as an owner/investor for as little as 3.5% total money needed.....and the income would more than pay for the mortgage. Live rent free! All units updated and in great shape. 7 car parking. Separate electric with an updated roof and gas furnace. Excellent investment for your portfolio.