This 6 unit multifamily property consists of 2 buildings on 1.8 acres bordering the Perkiomen Creek in Sellersville. All units are currently rented, generating $69,504 of rental income annually (NOI $47,968). Unit counts include one 3BR, three 2BR, and two 1BR units (3 units in each building). The farmhouse has oil heat (S/W hook-up) and is included in tenant rent; the 2nd building has electric baseboard heat. All units are separately metered for electric. The property is serviced by public water and sewer. Ample parking is available for all tenants (approx. 15 spots). There are two out buildings, one small garage and a 40' trailer for additional storage. Landlord currently maintains the grounds and pays INS, RET's, trash, water/sewer, oil for farmhouse and other miscellaneous expenses (approx. $18,061 annually). Additional information is available upon request.
Based on the average sale price from the Allentown, PA office
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Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
23 Lenape Drive Sellersville, PA is a Single Family Home for sale at $599000 and a lot size of 1.8 Acres Acre(s). 23 Lenape Drive Sellersville has 11 bedrooms, 0 baths and was built in 1850. The property's zip code is 18960 which is in Sellersville, PA
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Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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