West Lawn, PA 19609
- $199,000
- 3
- BD
- 2
- BA
- 1,188
- SqFt
- List Price
- $199,000
- Days on Market
- 37
- MLS#
- PABK2074186
- Status
- ACTIVE UNDER CONTRACT
- Type
- Townhome
- Style
- Side-by-Side
- Year Built
- 1924
- Bedrooms
- 3
- Bathrooms
- 2
- Full-baths
- 1
- Half-baths
- 1
- County
- Berks
- Region
- Spring Twp (10280)
- Neighborhood
- West Lawn
- Subdivision
- West Lawn
Property Description
Discover a prime investment opportunity in the sought-after West Lawn neighborhood. This twin/semi-detached home, built in 1924, offers a solid foundation for rental income or future resale. With 3 bedrooms and 1.5 bathrooms, the layout is ideal for attracting tenants seeking space and comfort. The property features an unfinished basemen, while offering off-street parking for convenience. Investors will appreciate the potential for value appreciation in this established community, coupled with the low maintenance of a block construction. Projected Profit Potential: Gross Rents: $24,000 Annual NOI: $17,316 Cap Rate: 8.09% *10% holdback for vacancy and maintenance accounted for Cash on Cash Return: 8.80% *10% holdback for vacancy and maintenance accounted for ARV: $240,000-$250,000 Schedule a viewing today!
Additional Information
- Acres
- 0.08
- Lot Size
- 3,484
- Living Area
- 1,188
- Cooling
- Window Unit(s)
- Heating
- Hot Water
- Basement
- Yes
- Taxes
- $3,326
Mortgage Calculator
Listing courtesy of Realty One Group Supreme. Contact: 6103213730