102 2ND AVENUE, ROYERSFORD, PA
Your opportunity to own an quality 3 unit investor seasoned and well built solid Brick Farmhouse style property with a high capitalization rate in Royersford has arrived. Locally known the Brick Castle, surrounded by a 8 foot stone castle wall, this property has great curb appeal and sitting high off the street gives it a stately appearance and privacy that’s unmatched in town. Having a completely fenced in yard on top of that is a big plus for safety and security. Offering an ADA ramp property entrance and accessibility to two of the units, it is a great addition for wheelchair accessibility. Ever want to have someone else pay your mortgage and live for free? Well you can here and have a beautiful home that the tenants pay your monthly mortgage and you still have income left to pocket each month. This property offers a new owner positive cash flow from day one and if profits are used to pay down principal mortgage, you’re paid off in 7 years and bringing 33,000 in additional income for the balance of your ownership, pretty sweet deal for someone who recognizes the opportunity. This property has had continuous ownership that has separated all electrical utilities, which means your getting a well maintained, well oiled cash producing machine with a great rental history and low owner paid expenses, which equals a great real estate investment. Here is what you’ll get: All 3 units have completely updated kitchen and baths, plumbing and electric, new paint and newer carpet. All units have a separate entrances from the gated yard. Each unit has separate electric and heat. There is common area laundry in the basement, in addition to Unit #3 having it’s own laundry room. This property has been professionally appraised and priced to sell quickly. You are strongly encourage you schedule an appointment before someone else gets this great investment first. This is a cash flow machine, don’t let this investor opportunity pass you by.