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Commercial
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Commercial Real Estate Cash Flow
| Start Price |
USD 299,000.00 |
| Current Price |
USD 299,000.00 |
| Time Left |
5 days 7 hours 8 minutes |
| Bid Count |
0 |
| Buy It Now Price |
- |
| Reserve Price |
- |
| Start Time |
Wednesday, October 15, 2008 |
| End Time |
Tuesday, January 13, 2009 |
| Location |
Shamokin, Pennsylvania |
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See more about 'Commercial Real Estate Cash Flow'
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Description
FULLY RENTED 15-UNIT BUILDING IN DOWNTOWN SHAMOKIN,PENNSYLVANIA MIX BETWEEN COMMERCIAL AND RESIDENTIAL SPACE ON THE MAIN BUSINESS STREET IN SHAMOKIN. POSITIVE CASHFLOW ---- LOW PURCHASE PRICE For sale a 15 unit apartment building in downtown Shamokin, Pennsylvania. The building consists of 8-one bedroom apartments, 2 - two bedroom units all of the units are rented with very low vacancy rate. Most of the apartments are GOVERNMENT SUBSIDIZED. There are also 3 commericial storefronts on the main street, a Doctor's office, a Dentist Office, and a Craft/Dollar store fully rented and have been there for years. There is also storage space rented and last but not least a 30' x 50' heated garage. The building is heated by city gas, the burner was just installed 09/2008. The building has public water and public sewage. There are seperate electric meters for the apartments and commercial rentals. The tenants are responsible for there own electric and garbage. The owner pays heat, water, and sewage. There was a new rubber roof installed last summer 2007. Also the 3- commercial rentals all have central air. The location might be the best part of the deal, it is right accross from a Dollar Genral store and a half block from a Wendy's. There is also a Dunkin' Donut 2 blocks away. You name it and it is in walking distance. Please call me at 570-590-3399 or email me with any questions at mkaleta@ptd.net Also I have a cash flow chart that I can email you. THIS IS A GREAT OPPORTUNITY FOR THE RIGHT INVESTOR, ALL UNITS ARE RENTED AND THE LOW PURCHASE PRICE THE NEW OWNER CAN JUST SIT BACK AND ENJOY GREAT CASHFLOW. CAP. RATE IS 12%.
Place a Bid!
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