5302 LINCOLN Highway
Property Description
Sought after 2 unit property located on a corner lot in a desirable location. There is a screened rear porch that leads into the 1st floor unit. This mostly remodeled unit features the kitchen with white cabinets, tile backsplash, electric stove, dishwasher, built-in microwave, and a refrigerator. The full bathroom has a tub with a separate shower. The living room and both bedrooms have beautiful wood floors. This unit has access to a partial basement for storage. Projected rent for this unit is $1,600+- per month. The 2nd floor unit enters from the front of the home. There is a spacious kitchen, a living room, 2 bedrooms and a full bath. One of the bedrooms is currently used by the tenant as a dining room. This unit has access to a large attic for storage. The current long term tenant would like to stay. The current rent is $930 per month. There is a large barn on the property with a loft. The current rent for the barn is $230 per month. The owner pays the common electric for the property, and also pays for the oil heat, with a 3 year average of $2,124 per year. The owner also pays for public sewer which is $960 per year. The owner's insurance for the last year was $1,495. The tenants pay for their own electric and trash. There is a laundry hook-up in the large section of the basement not currently being used. This is a very nice property with several convenient off street parking spots. Per the township website the home is zoned GC (General Commercial). Act on this opportunity to own a rare multi-unit property in this great location.
Broker Details
Keller Williams Real Estate (610) 363-4300
MLS ID: 3143630 State License Number: AB046808L
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $340,000 |
| No. of Units: | 3 |
| Year Built: | 1930 |
| Lot Size: | 1,745.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $113,333 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-TRENDPA-PALA2093326
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