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Apartment Building For Sale By Owner
Totally renovated 6 unit apartment building
27 South Main St, Elllsworth, Pennsylvania 15331 United States
Description
Totally renovated 6 unit apartment building in quiet safe town center across the street from the town park in convenient location 5 minutes from I-70 or Rt 40. Four two bedroom and two one bedroom units with individual private covered porch entrances and two car off street parking at the door for each unit. Recent total renovation with complete building taken to the studs including new high efficiency 2 ton central AC and gas furnaces for each unit, three Rinnai high efficiency natural gas tankless hot water heaters, hardwood floors, maple kitchen cabinets, tile bathrooms and ceiling fans. New commercial high efficiency windows, metal roof and heavy guage aluminum siding. Stainless refrigerator, stove, dishwasher and microwave's in each unit. Several units now furnished including flat screen TV's included in sale. Building totally wired for direct TV in every bedroom and living room.
Just completed "bank quality" commercial appraisal ($330,000) at 11.75% loaded capitalization rate.
Excellent rental history.
Price: | $320,000 |
Property Sub-Type: | Apartment Building |
Cap Rate: | 11.75 % |
Total Building Size: | 6,000 SF |
No of Stories: | 2 |
No of Parking Stalls: | 16 |
Occupancy: | 95 % |
Listing ID: | 4011 |
Map of: 27 South Main St, Elllsworth, Pennsylvania 15331 United States