Description
Great Investment Opportunity for Rare 5 Unit in Award Winning Wallingford-Swarthmore School District. Great long term tenant base occupies 4 out of the 5 units. One unit, apartment 2F, is available for showing at your convenience. This unit has been recently updated and prime for a new renter. All 4 other units have great tenants that wish to stay. There is opportunity for new owner to increase rents as all rents are under current market value. All 5 apartments have their own electric, gas and water meters. The first floor apartment and both second floor apartments have owner provided heat included in rent. The third floor apartments have gas forced air and a/c for their own units. Great corner property with recently coated and striped private parking lot, has 8 spots for tenants of this building. See rent roll and financials for your due diligence. This property was recently appraised at $730,000.00, so the offering price has plenty of room for the new owner to have piece of mind. This is a must see if you are a serious investor wanting to add a building to your portfolio in a great school district.
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School Information
Description
Great Investment Opportunity for Rare 5 Unit in Award Winning Wallingford-Swarthmore School District. Great long term tenant base occupies 4 out of the 5 units. One unit, apartment 2F, is available for showing at your convenience. This unit has been recently updated and prime for a new renter. All 4 other units have great tenants that wish to stay. There is opportunity for new owner to increase rents as all rents are under current market value. All 5 apartments have their own electric, gas and water meters. The first floor apartment and both second floor apartments have owner provided heat included in rent. The third floor apartments have gas forced air and a/c for their own units. Great corner property with recently coated and striped private parking lot, has 8 spots for tenants of this building. See rent roll and financials for your due diligence. This property was recently appraised at $730,000.00, so the offering price has plenty of room for the new owner to have piece of mind. This is a must see if you are a serious investor wanting to add a building to your portfolio in a great school district.
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