$950,000
( $186.64Per Sq Foot )
 $5,100 forsale estimated payment Sourced by Back At You

344 Hodgson St , Oxford, PA 19363

Oxford, PA 19363

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Description

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 leases Other qualities of the property:- Main house entry is by electronic key fob only.- There is a camera surveillance system installed

Details

MlsPACT2065166
Listing TypeFor Sale
SubtypeResale
StatusActive
Year1880
Days On Site222
Listing Provided BySpringer Realty Group | Erin Beattie

Features

Sq Feet5,090
ZoningR40 APT BLDG(S) 4-19 UNIT
Acreage0.40

Market Activity 19363

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Listings Checked: 6 minutes ago
StatePA
CountyChester
CityOxford
Zip Code19363
AreaOxford Boro
School DistrictOxford Area
Listing VS Median (in 19363)
Price:
$950,000
low | high
Med:
$471,762
100% of Average
SqFt:
5,090
low | high
Med:
2,582
99.273084479371% of Average
$ / SqFt:
$187
low | high
Med:
$200
42.6402996325% of Average
On Site:
222
low | high
Med:
575.000000
38.608695652174% of Average
Sourced by Back At You
Listing Updated: August 14, 2024 at 1:17:52 PM PDT