SOLID 10.5% NET RETURN ON THIS SINGLE- DETACHED STUDENT HOUSING INVESTMENT THAT BACKS UP TO LEHIGH UNIVERSITY PROPERTY. THIS HOME WAS COMPLETELY GUTTED AND REDONE SINCE 2009 INCLUDING NEW ELECTRIC, PLUMBING, NEW POURED CONCRETE PATIO IN THE REAR, RETAINING WALL, DRIVEWAY, NEW WINDOWS, SIDING AND ROOF. YOU NAME IT, IT WAS DONE!!! THE ROOF WAS RAISED TO EXPAND THE THIRD FLOOR AN ALLOW FOR 5 GENEROUSLY SIZED BEDROOMS AND 2 FULL BATHROOMS. RENTED UNTIL JUNE 2018 @ $3000 A MONTH WITH TENANTS PAYING ALL UTILITIES EXCEPT TRASH. THIS PROPERTY HAS HAD CONSISTENT OCCUPANCY SINCE 2009. THIS IS NOT YOUR TYPICAL STUDENT HOUSING RENTAL AND IS WORTHY OF YOUR INSPECTION. NEXT DOOR 2- FAMILY FOR SALE LISTED UNDER MLS# 563970 AND CAN BE SOLD AS A PACKAGE DEAL.
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