812 Broad Street, Milford, PA 18337

$2,000,000
12
BD
12
BA
9,000
SqFt

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List Price
$2,000,000
Status
ACTIVE
Days on Market
91
MLS#
PW262023
Subtype
Residential Income
Year Built
2019
Bedrooms
12
Bathrooms
12
Full Baths
12
Living Area
9,000
Acres
1.14
Subdivision
Other

Property Description

The opportunity of a lifetime! If you're a savvy investor then this is the time for you to jump. This 6 family apartment building is a wealth generating machine!!Newer construction (2017) 6-unit residential income property in the village of Milford, Pike County, Pennsylvania. The asset offers a rare combination of modern construction, uniform unit configuration, and durable income in one of Northeastern Pennsylvania's strongest tertiary markets.All six units are 2-bedroom / 2-bathroom layouts with every apartment having a den within an approximately 9,000 SF building, with private off-street parking and separately metered utilities - materially reducing operator burden and insulating NOI from utility-cost volatility. The rent roll is fully tenanted at the time of offering.Property HighlightsYear built: 20176 residential units, all 2BR / 2BAApproximately 9,000 SFPrivate off-street parkingSeparately metered utilities (tenant-paid)100% occupiedMilford, PA - Pike CountyInvestment ProfileThe property is well suited to an income-focused investor, 1031 exchange replacement buyer, or owner-operator seeking modern multifamily product in a stable Pocono / I-84 commuter market. The combination of 2017 vintage, separately metered utilities, and uniform 2BR/2BA configuration significantly reduces operating and capital expenditure risk relative to older 6-unit product in the region. Enjoy rolling stream views from your deck featuring Trex decking, Quartz countertops , plastered walls and ceilings, custom showers, spare utility rooms in each unit hold updated washers and dryer and stainless steel appliances, A 5 minute walk to Milford's shops and eateries, one of Northeastern Pennsylvania's most resilient small markets, supported by NY/NJ commuter demand via the I-84 corridor, Delaware Water Gap weekend traffic, and consistent local rental absorption.

Additional Information

Interior Features
Ceiling Fan(s), Walk-In Closet(s), Storage, Recessed Lighting
Taxes
$18,945
Flooring
Hardwood, Tile
Air Conditioning
Central Air, Separate Meters
Exterior Construction
Other
Stories
3
Levels
Tri-Level
Parking Features
On Site, Parking Lot
School District
Delaware Valley

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Listing courtesy of Keller Williams Realty Chester.

Listings courtesy of Pike Wayne Association of Realtors as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.