Office Name: River Valley Properties
115 W BRIDGE ST, Morrisville, Bucks, 19067 Pennsylvania - Over 8% CAP Rate on 7 Unit Apartment building. Fully occupied. Rents currently below market rent. A nominal increase in rents will increase the CAP Rate to 9.5%. Units are walking distance to shopping, restaurants, and Downtown Trenton. Easy access to the NJ Transit/Amtrak train station. There are 4 One bedroom and 3 Two Bed room units in 2 buildings. Each building is 2 storied, with large yard space between the 2 buildings. Street parking is readily available. All utilizes are separate. Heat, water & sewer are included in rent. Take over and start the cash flow.
I Lee Dickstein
“Chris did a terrific job helping me to find just the right home and holding my hand all through the process of buying a home. Chris was always avaiable on the momentary notice to address any issue, large or small; and many times i had to wonder if he ever takes a break. I would recommend Chris for any real estate needs in a heartbeat!!! Thank you The Somers Team!”