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*UPDATE NOTE - DUE TO RECENT TRESPASSING AND HARASSMENT ISSUES - DO NOT GO TO THE PROPERTY WITHOUT AN APPOINTMENT! THERE IS SOMEONE STAYING IN THE LOWER LEVEL UNIT UNTIL THE CLOSING AND THEY HAVE ASKED FOR PRIVACY OUTSIDE OF SCHEDULED SHOWINGS! THE POLICE WILL BE CALLED ON ANYONE FOUND WALKING AROUND THE YARD, LOOKING IN WINDOWS, OR ATTEMPTING TO ENTER THE PROPERTY WITHOUT AN APPOINTMENT. AGENT MUST ACCOMPANY ANYONE GOING TO THE PROPERTY AND TIME SHOULD BE SCHEDULED THROUGH SHOWINGTIME. INVESTORS STAND UP AND TAKE NOTICE! FIRST YEAR POSITIVE CASH FLOW - EXTREMELY RARE!Why settle for only 10% annual rent to cost basis that BiggerPockets recommends when you can get 11% or more! Opportunities like this are extremely rare so when they pop up you MUST act fast. We priced this well below market due to the kitchens and baths being original from 1981. We factored in the possible cost to update to reach maximum value. In current condition both units could rent for about $1600/mo while the updated versions would rent as high as $2000/mo! This amazing duplex includes two 2br/1ba rentals with approximately 1000sf of living space. Add to that they each have private, dry basement storage and an absolutely breathtaking yard and you can easily see why this will be the most sought after property on the market. Built in 1981, this property sits quietly on 1/5th of an acre and offers solid rental capability in a neighborhood where the majority of properties are multi-family. Added bonus, the lower unit has a fully framed out extra room in the basement with electric that is ready to finish and turn into either a 3rd bedroom, an office, playroom, den, or workout space. The roof was replaced in 2021 and the windows are approximately 10-15yrs old. Flooring has been updated throughout and both units will be freshly painted. Both units are FULLY ELECTRIC (public record says oil but this is wrong) and are separately metered. Don't miss this incredible opportunity!
| DAYS ON MARKET | 44 | LAST UPDATED | 11/2/2023 |
|---|---|---|---|
| TRACT | HUNTER CREST | YEAR BUILT | 1981 |
| COMMUNITY | LOWER SALFORD TWP | COUNTY | MONTGOMERY |
| STATUS | Sold | PROPERTY TYPE(S) | Multi Family |
| School District | SOUDERTON AREA |
|---|
| ADDITIONAL DETAILS | |
| AIR | Central A/C |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | LOWER SALFORD TWP |
| CONSTRUCTION | Vinyl Siding |
| HEAT | Forced Air |
| HOA DUES | None |
| LOT | 9148 sq ft |
| LOT DIMENSIONS | 69.00 x 0.00 |
| SEWER | Public Sewer |
| STYLE | Colonial, Detached |
| SUBDIVISION | HUNTER CREST |
| TAXES | 4966.00 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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