Building Size3462 sf / .24 Acres sq ftCurrent ZoningmultiReal Estate Taxes$2813 / 2013Cap Rate9.72%Property UseMulti family
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Nice property for first time real estate investor. 3 Unit Multi Family Property in Bernville, PA. Each unit has 2 bedrooms. Separate utilities. All tenants pay their own Utilities (Heat & Electric). Large 2 Car Garage with two storage units rent for $200/mo total. Landlord pays sewer, water, trash, taxes, and Insurance.Good investment property for first time real estate investor. 9.72 Cap rate. 40% Cash on Cash return. 170% Debt Service Coverage Ratio. Excellent cash flow. Long term tenant handles routine maintenance issues. Separate utilities for all Units (Heat & Electric). Additional $200/mo income from oversize garage in rear of property. Good property for first time real estate investor. Near Routes 183 & I-78.
