167 N Main Street

Souderton, PA 18964

Four unit apartment building with brick construction, 2 car garage with second floor, 5 updated separate electric boxes. Fully rented with long term tenants. Perfect unit mix: 3 one bedroom apartments and 1 two bedroom apartment. Oversized lot that extends from Main Street back to the railroad tracks. Ample off street parking along with shared backyard amenity. Strong rental history with below market rents. Yearly income of $46,200 with estimated upside of 20% rental increase. Can be purchased individually or with the brick building next door (171-173 Main Street) for an 8 unit property! Perfect investment property.Income & Expenses Unit Rent Apt. 1 = $985 Apt. 2 = $855 Apt. 3 = $1005 Apt. 4 = $1005 Rent $46,200 ($3,850/month) Taxes $6126 Insurance $2,282