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31847452
31847462

421 Otter Street, Bristol, PA 19007

JA
PA PA RM424999
Messina Real Estate
Listed by Messina Real Estate
$1,250,000
42 days on market
Updated 42 days ago

421 Otter Street

Details
Property Type Retail, Multifamily
Sub Type Apartment Building
Square Footage 2,496
Units 4
NOI $50,000
Occupancy 100%
Year Built 1919
Zoning R2
Ground Lease No

NO VACANCY QUADPLEX!

Marketing description

421 Otter Street- Check Out This One of a Kind Four Unit Building with Four Detached Garages on a HUGE Lot! This is One of Four Multi-Unit Buildings Being Sold as a Bundle! With a Freshly Painted Exterior and Newer Roof and All Residential Units Rented, This is Truly Something You Don't Want to Pass Up On! This Building Shows two 1 Bedroom 1 Bath Units and 2 Two Bedroom 1 Bath Units. All Four Garages are Rented Out as Well! Each of the Residential Units Have Central Air Which is a Great Selling Point When Trying to Find a Tenant! A Lot So Large it Could Potentially Be Subdivided, Along With Tenants Paying All Utilities at This Location - The Beauty of Being an Investor is Right at Your Fingertips!

Investment highlights

This Property is in a Flood Zone. Current insurance policy is for all four buildings. We can place you in touch with the current insurance provider to get a quote. The Owner Pays Utilities for the Main Electric Panel Only Totaling $882/yr This Property is being sold as a Bundle ONLY with 301 Lafayette, 205 Mill, 210 Pond St. Please do not call asking if they can be sold separately as owners are not interested. We will need to see a pre-approval or proof of funds before scheduling a walk-thru and an agent from our office will be present for any and all showings.

Listing Contacts

JA
PA PA RM424999
Messina Real Estate
Listed by Messina Real Estate

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$50,000.00
$4,166.67/mo

Valuation Metrics

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DSCR
4%
Cap Rate
4%
ROI

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Additional Information

Name
Janine Allan
License
PA RM424999
Brokerage
Anthony Messina real Estate
Brokerage Phone
2157880456
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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