1537-1539 Butler Street, Wilson Borough, PA 18042-4717
4 Unit Investment Property in Wilson Borough - 12% Cap

4 Unit Investment Property in Wilson Borough - 12% Cap

1537-1539 Butler Street, Wilson Borough, PA

$280,000

HIGHLIGHTS
  • 7 Beds
  • 4 Full Baths
  • 3,904 Sq.Ft. Living
  • 1890 Year Built
  • Sold Status
Great investment opportunity in Wilson Borough!
 
Large 4 unit features 1-One bedroom apartments, 3-Two bedroom apartments, and off-street parking. Tenants pay electric, owner pays water/sewer/garbage and heat (for 1539 only). 1539 Butler has a newer gas furnace and both units are occupied. Both units in 1537 Butler are vacant & have been completed renovated.
 
1537 Butler - 1st Floor: 2 bedroom/1 bathroom - $1100/mo [Vacant]
1537 Butler - 2nd Floor: 2 bedroom/1 bathroom - $1100/mo [Vacant]
1539 Butler - 1st Floor: 1 bedroom/1 bathroom - $770/mo
1539 Butler - 1st Floor: 2 bedroom/1 bathroom - $883/mo
 
Trash/Sewer: $1680 [Owner pays]
Electric: $600 [Owner pays for electric on furnaces]
Heat: $1,800 – [Owner pays - 1539 Only]
Water: $1,800 Water Only - [Owner pays]
Insurance: $1,500
Gross Inc: $46,236 Net Inc: $33,463 Operate Exp: $12,773
 
STEEL ABSTRACT (Steel Abstract) has all title information prepared and can close on this deal in 24 hours.
 
*Proforma numbers on Vacant renovated units
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Jennifer De Jesus

Jennifer De Jesus

Realtor® / Owner

FEATURES & AMENITIES

Interior

  • Total Bedrooms7
  • Total Bathrooms4
  • Full Bathrooms4

Area & Lot

  • Status Sold
  • Living Area3,904 Sq.Ft.
  • Total Area3,904 Sq.Ft.
  • TypeOTHER
  • YEAR BUILT1890
  • neighborhoodEaston

Financial

  • Sales Price$280,000
  • Real Estate Tax $5,393

4 parking spaces, 1 included for each unit

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Great corner lot ready to make you an 12% cap!

- Emanuel de Jesus

Easton

Quaint city known for its colonial buildings, canal boats, and arts scene.

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