INVESTOR ALERT!!! CASH POSITIVE INVESTMENT FROM DAY 1! Let's make it simple: - separately metered units with tenants covering all costs and utilities - current rents of $2200 and $1650 (long term tenant who does all snow, landscaping, and HVAC maintenance) - both leases end in My and June this year and are expecting increases - projected realistic rent of $2350/mo per unit or $$56,400 annually - BiggerPockets suggests a minimum annual of 10% on purchase price. This property EXCEEDS that figure - Still plenty of equity growth remaining This one is all about the numbers. Take advantage of the lower rates and generate thousands in FREE CASH FLOW every month! Projected rent based on market rates. Similar local units rent as high as $2500/mo. See attached cap rate sheet for estimations. Built in 1987, this unit is still in its youth as a property. My seller wants to invest in bigger projects so he is ready to turn over this amazing opportunity.
Sold for $550,000 on 05/26/23
$550,000
14 E Church St, Sellersville, PA 18960
6beds
4baths
2,520sqft
Duplex
Built in 1987
-- sqft lot
$590,000 Zestimate®
$218/sqft
$1,426 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: May 26, 2023 at 06:52am
Listed by:
John Trigg 215-941-9866,
Keller Williams Real Estate-Montgomeryville,
Co-Listing Agent: Mark G Mcguire 215-631-1964,
Keller Williams Real Estate-Montgomeryville
Bought with:
Thomas Skiffington, RM051427A
RE/MAX 440 - Perkasie
Source: Bright MLS,MLS#: PABU2046036
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Basement
- Area: 0
Heating
- Heat Pump, Electric, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 2,520
- Total interior livable area: 2,520 sqft
Property
Parking
- Total spaces: 2
- Parking features: Built In, Garage Faces Front, Inside Entrance, Attached, Driveway, Parking Lot
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Dimensions: 113.00 x
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 39005135
- Zoning: BC
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Duplex
Materials
- Frame
- Foundation: Slab
Condition
- New construction: No
- Year built: 1987
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Sellersville
- Municipality: SELLERSVILLE BORO
HOA & financial
Other financial information
- Total actual rent: 46200
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA
- Ownership: Fee Simple
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$590,000
2% more+$11,800
With Zillow Showcase(estimated)$601,800