Outstanding 3 unit multifamily property located in the Commercial zone on East Broadway in Red Lion Borough. 2 units are located as a duplex in the 2 story Victorian home and 1 unit is located in the rear 3 story building. Parking available for each unit. Would be ideal for a individual who would like to live in one unit and have extra income/rent from the other two units. Check with the Borough regarding commercial and/or office possibilities. Unit 1 was totally remodeled less than ten years ago, maple kitchen, interior paint, hardwood flooring, heating system, central air conditioning. Most windows have been replaced with insulated tilt in windows. Electric and plumbing has been updated. Unit 3 (Rear Building) had a new rubber roof installed approx. 5 years ago and new sewer line installed to rear alley. Also new walk in shower and toilet installed in the 1st floor bath just a few years ago. New hot water heater installed in the rear unit.
** One Year First American Home Warranty included in sale.**
Approx. Utility Cost/Expense: Gas $2,500 a year, Electric $900 a year , Water $480 year
UNIT 1: 2 bedrooms, 1 bath, estimated $1,300 a month rent
UNIT 2: 4 bedrooms, 1.5 baths, estimated $1,450 a month rent
UNIT 3: 3 bedrooms, 2 baths, actual rent is $700 a month , estimated rent $925-$950 a month
Total estimated annual rent/income: $41,400