This well-maintained property offers investors strong upside potential with efficient operating costs and additional income possibilities. The owner has kept operating expenses low by personally handling the majority of the property's maintenance and repairs, resulting in minimal maintenance costs and no property management expenses. The current owner has carefully tracked all operating costs throughout ownership. Utility expenses include approximately $350 per month for water and sewer, while gas averages approximately $700 annually during the five-month heating season. Additionally, the basement has been recently remodeled to include a dedicated laundry area, creating an opportunity to generate additional income while adding value and convenience for tenants.
Listing courtesy of IronValley RE of Lehigh Valley.
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