High-Opportunity TRIPLEX – Oak Lane
Packed with potential, this multi-family offers immediate cash flow and a clear path to higher returns. It’s poised to generate $40,000+ annually with strong appreciation potential.
Current Rents (All Under Market):
* 2BR: $1,300 (Market $1,500)
* 1BR: $1,000 (Market $1,200)
* 1BR: (vacant) (Market $1,000)
Highlights:
* Newer windows
* New electric heat system
* Newer hot water heaters
* Desirable Oak Lane location
* Solid bones & original charm
* All units highly maintained
* Reposition for higher rents & market value
* Ideal for owner-occupied mortgage helper — live in one unit while rents help cover the mortgage.
Rental Terms:
* Tenant pays electric, cable, phone, snow removal
* Owner pays sewer/water, pest control, lawn care
Investor At-A-Glance
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Listing Snapshot
Price
$324,000
Days On Site
419 Days
Bedrooms
4
Inside Area (SqFt)
1,515 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.06 Acres
Year Built
1940
MLS® Number
PAPH2526338
Status
Active
Property Tax
$3,359
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
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