• 1264 NEWPORT AVE, NORTHAMPTON, Pennsylvania, 18067

  • $219,000
All investors-Looking for 10% cap rate? Excellent 3 unit investment opportunity with garage. Extremely LOW tax and operating expenses. Annual net close to $22,000. Property includes large 3 bedroom townhouse on one side and 1264 side includes first and second floor one bedroom units. Second level unit is remodeled with large walk in closet and attic space that could be a second bedroom with added heat/cooling. Newer gas water heater(6 yrs old), water lines have been converted with separate meters to each unit. Property fully occupied with long term tenants. Rental rates have never been increased, but could based on current market. Annual rental income-$26,400 with $4,602 annual OE including tax! Tenants pay gas, electric & water/sewer. The one car garage is rented separately for $75/mo. Income verification, utility bills and leases can be provided upon request.
$219,000
(610) 419 - 1955
1264 NEWPORT AVE
NORTHAMPTON
Pennsylvania
18067
6
3
NORTHAMPTON
Residential
Y
2,978sq.ft.
UNKNOWN
117Years
$3,439
PostedJune 19, 2017