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812 Broad St
Milford, PA 18337

$2,000,000 USD

Apartments For Sale  •  9,222 SF

Property Details

  • Property Type Apartments
  • Total Building Size 9,222 SF
  • Lot Size 1 AC
  • Building Class C
  • Year Built 2017
40 Walk Score

Highlights

Built 2017, No Deferred Maintenance - Turnkey condition; roof, mechanicals, and systems well within service life. Repairs run $400 a year.
Fully Occupied - All six units occupied, producing $168,000 in gross annual rent. Tenants in place without long-term leases.
High-End Finishes - Stone countertops, subway-tile kitchens, tiled walk- in showers, stainless appliances, and private balconies.
Spacious 2-Bed-Plus-Den Units - 1,500 SF per unit with two baths and private outdoor space – a layout that lives larger than typical apartment stock.
Lean Operating Profile All-residential, single-building operation. Expenses total $25,893 against $168,000 in rent – a 15.4% expense ratio.
Rent Upside - Four units rent at $2,000, leaving room to bring rents to market as units turn.

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Port Jervis (Bergen County/Port Jervis Line - NJ Transit Commuter Rail (NJ Transit), Main/Port Jervis Line - NJ Transit Commuter Rail (NJ Transit)) 16 min - 6.9 mi
Vincent Barot 680-208-9834 Keller Williams Realty First in New York
Vincent Barot 680-208-9834 Keller Williams Realty First in New York