This well-maintained 6-unit multifamily property presents a turnkey investment opportunity in Red Lion. The building consists of two 2-bedroom, 1-bath units and four 1-bedroom, 1-bath units, offering a desirable unit mix that appeals to a wide range of tenants. Designed for ease of ownership and strong cash flow potential, tenants… Read More are responsible for nearly all operating expenses, helping to keep owner costs low and maximize net income. The property also features separately metered utilities, including water, providing additional efficiency and expense control. Numerous capital improvements have already been completed, allowing the next owner to step into a stabilized, low-maintenance asset with confidence. Additional features include a paved parking lot for tenant convenience and ample off-street parking. Whether you are expanding an existing portfolio or seeking a strong income-producing property, this Red Lion multifamily building offers an exceptional combination of stability, efficiency, and long-term upside. Read Less
Courtesy of Matthew Joseph Koch, Keller Williams Elite 717-553-2500
Listing Snapshot
Days Online
2
Last Updated
Property Type
Other
Lot Size
0.3 Acres
Year Built
1970
MLS Number
PAYK2101230
Additional Details
Basement
Walkout Level
Building
Built in 1970, Construction Materials: Block, Stick Built, Vinyl Siding
Cooling
None
Accessibility Features
None
Expenses
Insurance: $2,636, Maintenance: $1,484, Operating: $16,258, Other Expense: $2,030
Foundation
Block
Heating
Radiant
Income
Gross ScheduledIncome: $75,034, Net Operating Income: $58,776, Apartment Rentals
Lot
0.3 acres
Owner Pays
Insurance, Repairs, Sewer, Taxes - Real Estate, Management
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available. This content last updated on .
Confirm your time
Fill in your details and we will contact you to confirm a time.