MLS® ID: PAYK113698

85 FIRST AVENUE

RED LION, Pennsylvania, 17356

$365,000 Pending
  • - SQFT
Turn key-Completely remodeled Brick Multi-Family in Red Lion. Enjoy 12% Cap Rate. This property was the former Trolley Station in Red Lion. It is a very solid and well-built brick building. Built like Fort Knox. Great Investment-Completely Remodeled. Perfect for someone who wants to park theirmoney and walk away and have very little maintenance issues with no capital improvements. There are 4 large remodeled apartments. 3 apartments have 2 full baths and 1 apartment has 1.5 baths. Additional income from 5 storage units and laundry hookups. New shingle roof installed in 2018. Balance of roof is rubber roof. Newly paved parking lot and new sidewalks. Each apartment has 2 parking spaces. Some new drywall, new kitchens, new baths, new flooring, new lighting, new paint, etc. Electric and sewer/water are metered separate, so tenant paid. Unfortunately, no seller financing available. Need money for your real estate investment purchase, try hard money, private money, 401k, self-directed IRA, home equity loan, whole life insurance policy. This investment is more stable than the stock market. APOD available.
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Listing courtesy of Cavalry Realty LLC

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    17356
  • Office name
    Cavalry Realty LLC
  • SQFT
    0
  • Bedrooms
    0
  • Property type
    Single Family
  • Zoning type
    RS
  • School district
    RED LION AREA
  • Year built
    1910
  • Lot size
    0.13
  • Sewer
    Public Sewer
  • Heating
    Forced Air
  • Agent name
    Harry W Naill
  • Purchase Type
    Active
  • Price Range
    $300k-$400k
  • Square Feet Range
    < 1000 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    CAVLRYBR3
  • Agent ID
    3236655

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