936 Simpson St, Crum Lynne — Two-unit property offered at $215,000. Both units are 2 bed, 1 bath. Unit 2 is currently rented for $1,250/month, and Unit 1 is vacant and will be marketed around $1,250/month. At full occupancy, total rents would be approximately $2,500/month or $30,000/year. Based on current expenses, projected NOI is approximately $19,731, with an OpEx ratio of approximately 30.8% and a projected 9.18% cap rate at the asking price.
Listing courtesy of Coventry Commercial Real Estate, LLC. Contact:
Selling Office: Keller Williams Real Estate - Media.