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description
233 Cedar St,
Tamaqua,
PA
18252
Centrally located multi-unit in Schuylkill County! Perfect investment opportunity with some serious cash flow. A look out the front door you are right across the street from Boyer's, CVS, Burger King, and the liquor store. Out the back door you can take a walk into town. Bring along the water, you'll get a beautiful breeze and rarely need A/C. Property is being sold as is and priced to sell. First floor is a 2 bedroom and 2nd floor is a one bedroom. Homeowner insurance $631/yr for $232,500 coverage thru Erie insurance Each tenant has own water & electric meters. Owner is leaving one FULL tank of oil (2 tanks in basement). If 1st floor rent was $750 and 2nd floor was $625 ($1,375/mo = $16,500/yr)Those rents would still be under market value for 2 water view apartments. Deduct expenses & taxes and profit is $8,633/yr at $100,000 offer($8,633 profit) That's 8.6 % return on the investment'NOWHERE will anyone get 8.6 % back on your money. Property accessed at $126,000. Appliances included!PER UNIT - Trash $51/quarter, Water $113-118/quarter, Sewage $130/quarter, Oil usage depends on temps. Use is average of 1200-1400 gals/year with tenants keeping thermostats at 68 degrees.
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Listing By: Coldwell Banker Realty via Data Source: Bright MLS
Duplex Homes
property type
Historique des prix
| date | Prix | variance | type | global |
|---|
| 8/29/2022 | $92,000 | 12.38 % | Vendue | view listing |
| 6/26/2022 | $105,000 | - | Listé |
listing agent: Melissa Graham
