Calling all investors that are serious about generating cash flow. This property is just blocks from the new stadium in Chester. This Multi-Family three story twin property was recently rehabbed and is currently generating $3,441 in rents each month. This property is a 5 bedroom Boarding house with two additional separate units. The rooms pay $100 per week and are always fully occupied with month to month leases in place. The two apartments are rented for $600 and $675 and have one year leases in place. Tenants in apartments pay their own utilities. The landlord pays electric only for the rooms. Annual average electric is $325 per month. There is a building supervisor who will collect rents and maintain common areas and fill vacancies for $500 a month if you want him to stay. Additionally there is a 4 to 6 car garage that could be rented out to contractors for $450 per month. The property is in good shape and was rehabbed three years ago and property maintained. Let's be clear we are looking for serious cash investors who want serious cash flow. The owner will not provide financing and we are really not interested in anything but cash buyers. The price is firm at $80,000.Annual Taxes: 2,433Monthly Utilities: $325Repairs: 200 per monthMonthly Rent: $3,441 (rent garages and make more)Square Footage: 3,128Twin Three Story TwinFully Occupied
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
