37 Pierce St - Multi-Family FOR SALE


Kingston, PA 18704
$550,000 USD
610-217-6330
37 Pierce St, Kingston, PA for Sale
$550,000 USD
Multi-Family - FOR SALE
1/41
null | 9.21% Cap Rate

37 Pierce St
Kingston, PA 18704


OVERVIEW

Fully occupied 5-unit multifamily located in Kingston, PA, offering immediate cash flow and strong fundamentals. All five units are currently leased with tenants paying the majority of utilities, keeping operating expenses low and margins strong. This is a true turnkey investment with stable in-place income from day one. Ideal for investors seeking a hands-off asset. Unit 1, 3, 4 LL pays gas heat only. All other utilities paid by tenant. Unit 2 - no utilities included. Unit 5 - no utilities included.- electric heat ****All have their own individual heat & electric meters. New owner can transfer responsibility of 100% of all utilities to the tenant.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$275 USD /SF

# OF UNITS

5

PRICE/UNIT

$110,000

CAP RATE

9.21%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5 Unit in Kingston (Pierce Street)

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

34-G9SE4-006-12A-000

ASK ABOUT THIS PROPERTY

Jennifer de JesusSteel City RealtyMore Info
610-217-6330

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Jennifer de JesusSteel City RealtyMore Info
610-217-6330

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.