23 Lenape Dr

Sellersville, PA 18960

This 6 unit multifamily property consists of 2 buildings on 1.8 acres bordering the Perkiomen Creek in Sellersville. All units are currently rented, generating $69,504 of rental income annually (NOI $47,968). Unit counts include one 3BR, three 2BR, and two 1BR units (3 units in each building). The farmhouse has oil heat (S/W hook-up) and is included in tenant rent; the 2nd building has electric baseboard heat. All units are separately metered for electric. The property is serviced by public water and sewer. Ample parking is available for all tenants (approx. 15 spots). There are two out buildings, one small garage and a 40' trailer for additional storage. Landlord currently maintains the grounds and pays INS, RET's, trash, water/sewer, oil for farmhouse and other miscellaneous expenses (approx. $18,061 annually). Additional information is available upon request.