$749,000
Various Addresses,
FREELAND PA, 18224
Description
The Portfolio consists of 15 units made up of single-family and multifamily properties concentrated in Freeland, PA along the explosive I-81 industrial/warehouse corridor. The asset mix consists of (6) single family homes, (1) quadraplex, (1) twin/duplex, and (1) triplex/row. Each of the properties has been fully renovated. The average rent across the Portfolio is only $635. With in-place rents well below market and all tenants on MTM leases, there is an easy opportunity for new ownership to increase revenue by 15-20% by simply providing rent increase notices to tenants.
Details
| MLS# | PALU103618 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | 10000069142 |
| Year | 1950 |
| Days On Site | 30 |
Features
| Units | 4 |
|---|
Request a showing
Request a showing
Loading Form
Contact
Learn More About This Property
Loading Form
| Area Information | |
|---|---|
| State | PA |
| County | LUZERNE-PA |
| City | FREELAND |
| Zip Code | 18224 |
| Area | Freeland Borough (13725) |
| Listing VS Median (in 18224) | |
Price: $749,000 low | high Med: $443,950 On Site: 30 low | high Med: 47 Sourced by Back At You | |
Listing Updated: March 2, 2021 8:30:26 PM PST
MLS Number: PALU103618Listing Provided By:
Antonio DiCianni of KW Commercial