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Listed by CENTURY 21 FAIRWAYS REAL ESTATE
$ 189,000
Est. payment /mo
New
666 Thompson Ave Donora, PA 15033
2,178 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1781034
HOA Y/N No
Year Built 1900
Annual Tax Amount $2,803
Lot Size 2,178 Sqft
Acres 0.05
Property Sub-Type Other
Property Description
A premier investment opportunity offering strong immediate revenue paired with high-upside potential. Located near the Business District, this 6 unit multifamily property features 5 fully occupied units and 1 vacant unit ready for remodel. Exceptional value with strong in place NOI, the property commands an outstanding estimated Cap Rate of 13.97%. By completing the 6th Unit turn, the next owner can force equity, capture premium market rents and scale the projected pro forma NOI! Each highly marketable layout comes fully equipped with a modern suite of amenities, including an electric stove, refrigerator, dishwasher and an in-unit washer dryer combo-a premium feature that drives strong tenant demand and retention! The asset further benefits from tenant storage units located in the basement. Perfect for investors seeking immediate cash flow from day one!
Location
State PA
County Washington
Area Donora
Zoning C3
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Parking Features On Street
Schools
School District Ringgold
