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| Description |
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Welcome to 1609 Mineral Spring St! Real estate investors and enthusiasts, this profitable 5-unit apartment building is an opportunity you don't want to miss! Presenting a highly sought after 5-unit apartment building that not only generates a steady profit but also offers potential for rent growth. With long-term tenants and a prime location, this property has everything you need for a successful investment. Building consists of five units (all 1 bedrooms), each unit is currently occupied by long-term tenants, ensuring a stable cash flow from day one. Four out of the five units are on month-to-month leases offering flexibility for potential buyers. With its well-established long-term tenants, this apartment building is already generating a profitable income. However, the potential for rent growth presents an exciting opportunity to increase your return on investment. Rents in the area continue to rise, leverage this demand to increase rental rates and maximize profit! All tenants have great rental history. **Great Location** Situated in a highly desirable location, this property offers the convenience and amenities that tenants desire. Its proximity to schools, shopping centers, restaurants, public transportation, while still feeling secluded from the busy bustle of the inner city makes it an attractive choice for tenants seeking both comfort and accessibility. Don't miss out on this chance to add a highly profitable property to your portfolio. Contact us today to learn more and schedule a viewing.
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| Location |
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| Driving Directions |
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Head west on Penn St toward N 5th St. Turn left at the 1st cross street onto S 5th St. Turn left at the 2nd cross street onto Franklin St. Turn right toward Perkiomen Ave. Turn right onto Perkiomen Ave. Turn left onto Mineral Spring Rd.
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| Details |
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Architectural Type - Converted Dwelling
Basement - Stone
Exterior Features - Brick
Heating - Baseboard - Electric, Radiator, Electric, Natural Gas
Hot Water - Natural Gas, Electric
Sewer - Public Sewer
Water - Public
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