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Off market
Street View
  • $173,900

    1976 William Penn Hwy, Williamsburg, PA 16693

    10beds
    4,000sqft
    MultiFamily
    Built in 1924
    -- sqft lot
    $173,900 Zestimate®
    $43/sqft
    $943 Estimated rent

    Owner options

    List your home for rent

    $943/mo

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    $943/mo

    Rent Zestimate®

    Refinance and save

    $1,036/mo

    Est. payment

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    $1,036/mo

    Est. payment

    What's special

    Great potential cash flow opportunity with this 5-unit, totally renovated apartment building with ample parking along Route 22. Formerly Louie's Coral Lounge, this property features its own water supply and sewage system as well as new wiring, a new heat pump with heat/AC, new plumbing, and new flooring, drywall, ceilings, doors and windows! It it currently 100% rented. 2 downstairs efficiency apartments each rent for $400/month. A lg 2 BR upstairs apt. with an oversized LR and eat-in kitchen rents for $600/month. One downstairs apt. rents for $500/month and a 5 BR/2 BA downstairs apt. featuring a very lg. living area rents for $800/month. All utilities are included. Gross rents = $2700 per month. Avg. monthly expenses w/ taxes = $809, providing an anticipated net profit of $1891/month.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 5
    • 3/4 bathrooms: 5
    Heating
    • Heat pump, Other, Electric
    Cooling
    • Other
    Appliances
    • Included: Range / Oven, Refrigerator
    Features
    • Flooring: Carpet, Laminate, Linoleum / Vinyl
    • Basement: Unfinished
    Interior area
    • Total interior livable area: 4,000 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Detached
    Features
    • Exterior features: Vinyl
    • Has view: Yes
    • View description: Mountain
    Lot
    • Size: 2.40 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Metal
    Condition
    • Year built: 1924

    Community & neighborhood

    Location
    • Region: Williamsburg

    Other

    Other facts
    • Driveway: Black Top, Gravel
    • Water Type: Private Well
    • Sewer Type: Private Sewer System
    • Heating Type: Heat Pump
    • AC Type: Central