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Listed by Laura Wielebinski Point W Real Estate
$162,000
Est. payment /mo
4 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Municipality Forest City Borough
MLS Listing ID PW-261348
Bedrooms 4
Full Baths 2
HOA Y/N false
Year Built 1950
Property Sub-Type Duplex
Source Pike/Wayne Association of REALTORS®
Property Description
Turnkey duplex investment opportunity with strong cash flow potential! This well-maintained 2-unit property is fully tenant occupied with separate utilities, making management simple and expenses low. Current rents are $800 and $900 per month, generating $1,700 in monthly income ($20,400 annually). Tenants pay all utilities, while trash is included in the taxes for added convenience.
With low annual taxes of only $1,927.29 and approximate insurance costs of just $1,000 per year, this property offers an attractive expense ratio and solid return potential for both seasoned and first-time investors. Offered at $174,900, this duplex presents an excellent opportunity to add a cash-flowing asset to your portfolio with minimal overhead and steady rental income already in place.
Whether you're looking to expand your investment portfolio or secure a reliable income-producing property, this duplex checks all the boxes: strong rents, separate utilities, low operating costs, and immediate cash flow from day one.
With low annual taxes of only $1,927.29 and approximate insurance costs of just $1,000 per year, this property offers an attractive expense ratio and solid return potential for both seasoned and first-time investors. Offered at $174,900, this duplex presents an excellent opportunity to add a cash-flowing asset to your portfolio with minimal overhead and steady rental income already in place.
Whether you're looking to expand your investment portfolio or secure a reliable income-producing property, this duplex checks all the boxes: strong rents, separate utilities, low operating costs, and immediate cash flow from day one.
Location
State PA
County Susquehanna
Rooms
Basement Full
Interior
Heating Electric, Oil
Flooring Carpet
Exterior
Parking Features Additional Parking
View Y/N No
Roof Type Asphalt
Garage No
Building
Sewer Public Sewer
Water Public
Others
Tax ID 268.07-6,054.00,000.
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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Andie Katz
Associate Broker | REALTOR® License ID: AB069370
Associate Broker | REALTOR® License ID: AB069370