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Updated over 8 years ago,

User Stats

43
Posts
6
Votes
Marc Nespoli
  • Real Estate Agent
  • Berwick, PA
6
Votes |
43
Posts

Buy and Hold Opportunity in Central PA

Marc Nespoli
  • Real Estate Agent
  • Berwick, PA
Posted

Looking for some experienced insight on 3 potential properties in Lewisburg PA, a well to-do college town.

Seller is offering owner financing up to 75% at 5%.

4 unit plus large storage garage asking $349, gross rents equal about $3400/month

Single Family with 1 br apartment in rear, with room to add an efficiency apt - asking $225, current rents equal $1,600

Single Family Student Housing - asking $175, rents $1600/month

Prices are somewhat negotiable, this seems like a good opportunity for the right price, but looking at over $700k in all, so want to be sure. What do I need to be looking for on these properties?