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| Description |
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Awesome turn-key investment opportunity in the desirable Exeter School District featuring a fully-leased 2-unit property with immediate cash flow. This property offers two spacious 2-bedroom, 1-bathroom apartments. The newly renovated first floor features a custom tile shower with a stackable washer/dryer, new windows, fresh drywall and paint, plus a generously sized eat-in kitchen and family room currently rented at $1,400/month with the owner paying electric. The second floor unit features an established long-term tenant paying $1,200/month plus utilities, providing excellent income stability. Owner pays sewer for the building, averaging $100-$120/month. Well water is treated with a UV light filtration system. Both tenants are currently month-month. With $31,200 in gross annual income, 100% occupancy, recent first-floor upgrades, and strong rental rates, this turnkey property offers investors an excellent opportunity for consistent returns in a sought-after school district.
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| Location |
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| Driving Directions |
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US-222 S, Keep left to continue on US-422 E, Take the exit toward Mt. Penn, Turn left onto E Neversink Rd (signs for St Lawrence/Mt Penn), Turn left onto Perkiomen Ave, Turn right onto Oley Turnpike Rd, Turn left onto Bingaman St, Slight right onto Butter
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| Details |
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Architectural Type - Traditional
Flooring - Carpet, Luxury Vinyl Plank
Exterior Features - Block
Cooling - Window Unit(s), Electric
Heating - Baseboard - Electric, Wall Unit, Electric
Hot Water - Electric
Sewer - Public Sewer
Water - Well, Filter
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