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3 Family House GREAT Cash Flow Property Available- 20%+ Cap Rate Potential

424-426 Delaware Street, Forest City, PA, USA

Active

$99,000

Property Description


3 units with great rental history. Separate utilities in each unit, gives this property a positive cash flow. Great investment opportunity to live in one and let the other 2 units pay your mortgage, or Add as a with a High Cap Rate. Lower unit needs Alley parking in the rear fof the home fits 4 cars

$30,000 in rehab necessary.


$36,000 Gross Income

Net Operating Income: $25,200

20% Cap Rate Potential

Contact Agent

Jeff Rincon

973-306-4877

Property Details

Property Type

3 Family

Bedrooms

6

Bathrooms

6

Size

3000

Floors

3

Year Built

1920

Property Location

424-426 Delaware Street, Forest City, PA, USA

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