Properties For Sale

 

 

Value Add Opportunity 

10 Unit Package Sale

3 Properties 

All Properties Need Renovation

Properties can be separated. 


Beach Street is Proud to offer a 3 Property Package Totally Off Market Sold by Owner. Brokers Welcome and Protected

 

Property 1- Clearfield County , PA

8-10 Unit all Brick Mixed Use Multi Family

 

 

 

 

 

 

Proposed Income and Expense

Property 1- Clearfield County , PA

8-10 Unit all Brick Mixed Use Multi Family


Units Bedrooms Rent

5 -1 Bedrooms HUD FMR $749

3 Store Fronts $500




Proposed Yearly Monthly Income 

Gross Monthly $6,745

Gross Yearly $80,940 

Vacancy  5% $4,047


Effective Gross                             $76,893



Gross Expenses

Taxes Current $1,400

Insurance @ 400 Unit $4,000

Water/Sewer @ 300 $3600

Electric @ 300 Unit $3600

Management 5% $4,047


Net Income $60,246


Proposed Value @ 10 Cap $602,460


Proposed Value @ 7 Cap $860,657




 

 Property 2- Northumberland County , PA

SFR Family

 

 

 

Units Bedrooms Rent

1 -4 Bedroom HUD FMR $1,238




Proposed Yearly Monthly Income 

Gross Monthly $1,248

Gross Yearly $14,856 

Vacancy  5% $750


Effective Gross                             $14,106



Gross Expenses

Taxes Current $500

Insurance $900

Water/Sewer @ 300 $300

Electric $1,200

Management 5% $750


Net Income $10,456


Proposed Value @ 10 Cap $104,560

 

 

Property 3- Pittsburgh , PA

SFR Family






Proposed Income and Expense

Property 3- Pittsburgh , PA

SFR Family


Units Bedrooms Rent

1 -3 Bedroom HUD FMR $1,621


Proposed Yearly Monthly Income 

Gross Monthly $1,621

Gross Yearly $19,452 

Vacancy  5% $972


Effective Gross                             $18,480



Gross Expenses

Taxes Current $500

Insurance $900

Water/Sewer @ 300 $300

Electric $1,200

Management 5% $750




Net Income $14,830


Proposed Value @ 12 Cap $123,500




Proposed Income and Expense

 Combined 3 Properties 



Proposed Yearly Income = $85,532


Based on 10 Cap $855,320


Based on 8 Cap $1,069,150


Asking $135,000

Email us to schedule a call, for More Information

 

Disclaimer:

Beach Street and its owners have not inspected the above mentioned properties and all information has been compiled through following resources listed below .Buyers should complete on site inspection and complete their own due diligence. Properties are being sold as is. The above-mentioned properties were purchased in a large bulk sale.

References Used

Google Maps
Realtor.com
Redfin
Homes.com
Tax Records