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Turnkey three-unit multifamily property located in Franconia Township, offering strong in-place income and updated major systems. This 6000sqft+ property is currently configured as three separate residential units, each with private living space, presenting an attractive opportunity for investors or owner-occupants seeking rental income. Current Rent Roll: - Unit 1: 1 Bedroom / 1 Bathroom - $1,500/month (lease through January 2027) - Unit 2: 3 Bedrooms / 2 Bathrooms - $3,100/month (lease through June 2026) - Unit 3 (Upper Unit): 4 Bedrooms / 2 Bathrooms - currently offered for rent at $3,000/month Projected gross monthly rent: $7,600/month once fully leased. The property has seen numerous capital improvements, including a newer roof (2021), updated HVAC systems (2023), Tesla solar panel system, and a newly installed paver patio surrounding the pool (2023). These updates may contribute to...
Turnkey three-unit multifamily property located in Franconia Township, offering strong in-place income and updated major systems. This 6000sqft+ property is currently configured as three separate residential units, each with private living space, presenting an attractive opportunity for investors or owner-occupants seeking rental income. Current Rent Roll: - Unit 1: 1 Bedroom / 1 Bathroom - $1,500/month (lease through January 2027) - Unit 2: 3 Bedrooms / 2 Bathrooms - $3,100/month (lease through June 2026) - Unit 3 (Upper Unit): 4 Bedrooms / 2 Bathrooms - currently offered for rent at $3,000/month Projected gross monthly rent: $7,600/month once fully leased. The property has seen numerous capital improvements, including a newer roof (2021), updated HVAC systems (2023), Tesla solar panel system, and a newly installed paver patio surrounding the pool (2023). These updates may contribute to improved efficiency and reduced near-term maintenance. Additional features include four garage spaces, including an oversized RV garage with potential for vehicle storage or workshop use. The property is situated in an established neighborhood with convenient access to local amenities, parks, shopping, and major roadways. An opportunity to acquire a well-maintained, income-producing multifamily property with existing leases and potential for additional rental income. Buyer to verify all information, including square footage, zoning, and permitted use.
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