344 Hodgson Street, Oxford, PA 19363 | MLS PACT2065166 | Listing Information | Berkshire Hathaway HomeServices Fox & Roach, REALTORS | Berkshire Hathaway HomeServices Fox & Roach, REALTORS
FOR SALE
$950,000  

344 Hodgson Street
Oxford, PA 19363

Business Opportunities
Commercial
5,090
Sq. Ft.
0.4
Acres Lot
Courtesy: Springer Realty Group
Income producing property 6 units (5, 1-bedroom units, one studio) and 6 separately rented individual garages. Net operating income of 70K (full financials available to qualified buyers). The property is fully rented with high quality tenants - note that listing photos are from before tenants moved in. Current owners have rehabbed and updated the property for efficient management - making it easy for a new owner to step in and take over. Owners are selling their whole portfolio for a career change. Updates and repositioning done by the current owners:- Put in all new sidewalks and curbs on all 3 streets and new entry apron by the garages- Repainted the entire house and repaired the soffit and trim- Renovated apartments 5 and 6 - separated electric and installed mini splits (heat/ac) and new kitchens with granite counters- Installed a laundry room with coin operated machines and electronic keypad entry- Put in a trash pad and communal dumpster- Removed and stumped dead trees- All units have separate gas/electric- Tenants pay for water, sewer and trash- Moved all tenants to online payments - Increased the rents to market rate- High quality tenants - must have 650+ credit score and make 3x the rent in verifiable income.- No pets in building- No smoking in building- Annual rent increases are built into all current leasesOther qualities of the property:- Main house entry is by electronic key fob only.- There is a camera surveillance system installed
PACT2065166
Business Opportunities, Other
CHESTER
1880
0.4 Acres
Public
Brick
Public Sewer
5,090 Sq. Ft.
6 Total
Interior Features
Flooring
Vinyl, Carpet, Wood
Heating
Gas Heat. Hot Water.
Exterior / Lot Features
Parking
6 Parking Spaces.
Exterior
Brick
Roof
Slate, Shingle
Lot Dimensions
0.00 x 0.00
Financial Considerations
06-08 -0099
$8,615
Courtesy: Springer Realty Group
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
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Information is deemed reliable but is not guaranteed.