MLS® ID: PAYK113698
85 FIRST AVENUE
RED LION, Pennsylvania, 17356 $365,000
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.