Price $600,000
No. Units 12
Building Size 6000 SF
Property Type Multifamily
Property Sub-type Mid/High-Rise
Property Use Type Investment
Commission Split 2.5%
Cap Rate 8.50%
Description
This property consists of 7 1 bedroom units with bedroom/kitchen and living room, 5 individual rooms with a shared bathroom. In addition there is one retail space which is leased to a barber shop. All leases are month to month. This property is located in a developing area of Easton. Easy access to Rte 22 some retail shops and a high end suite hotel/condo project has been completed across the street.
Financial Summary (Actual)
Net Operating Income $67,575
Contact Listing Broker
Mark Reda
1-610-517-1448
markreda1@yahoo.com