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730 Old Bethlehem Pike

By D B

Real Estate Agent

January 27, 2011 01:28 PM

730 Old Bethlehem Pike SOLD!

QUAKERTOWN, PA

4 Unit Apartment Building Just SOLD!

6BR/4BA Multi-Family, 4 units

$382,500

Year Built	1945
Sq Footage	3,728
Bedrooms	6
Bathrooms	4 full, 0 partial
Floors	2
Parking	4+ Uncovered spaces
Lot Size	1.25 acres
HOA/Maint	$0 per month

Description

Public:Fully rented quadplex (2 units in the front building and 2 units in the back building) with a 8.18 cap rate! Each unit has been remodeled with new kitchen cabinets, ceramic tile floors and new appliances. Each unit has a remodeled full bath and ceramic tile floor. Each unit has new electric wiring and an individual meter. Each unit has a new hot water heater. 2 units have new electric heat and 2 units have 2 gas heaters. Water heaters and electric panels are housed in a separate locked room. All units share a common new washer and new dryer room. Both buildings have new siding and a new roof. All tenants are on a month to month lease with potential rent increases. This is a great opportunity to own a multi unit rental property with very low maintenance and tenants paying for all utilities! Agent: Pre qualified buyers only. Listing agent and seller will be present at the showing.

Property Features

Central heat	High/Vaulted ceiling	Hardwood floor
Tile floor	Living room	Dishwasher
Refrigerator	Stove/Oven	Microwave
Granite countertop	Basement	Washer
Dryer	Laundry area - inside	Yard