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.
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.
Neighborhood
Type
County
Delaware
Area
Eddystone Boro
Tax Amount
$4,001
Status
Active
Listing #
PADE2122236
Built
1910
Lot Size
0.04
Listed on site
3 days
Listing Agent Id
301483433478