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344 HODGSON ST OXFORD, PA 19363
- Townhouse or Condo / Resale (MLS)
Property Details for 344 HODGSON ST, OXFORD, PA 19363
Features
- Lot Size: 17500
- Total Units: 6
- Heating: Hot Water Heating
Facts
- Year Built: 01/01/1880
- Property ID: 879838792
- MLS Number: PACT2065166
- Parcel Number: 0608 00990000
- Property Type: Townhouse or Condo
- County: CHESTER
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. Income producing property 6 units (5, 1-bedroom units, one studio) and 6 separately rented individual garages. Net operating income of 70K (full financials available to qualified buyers). The property is fully rented with high quality tenants - note that listing photos are from before tenants moved in. Current owners have rehabbed and updated the property for efficient management - making it easy for a new owner to step in and take over. Owners are selling their whole portfolio for a career change. nnUpdates and repositioning done by the current owners:n- Put in all new sidewalks and curbs on all 3 streets and new entry apron by the garagesn- Repainted the entire house and repaired the soffit and trimn- Renovated apartments 5 and 6 - separated electric and installed mini splits (heat/ac) and new kitchens with granite countersn- Installed a laundry room with coin operated machines and electronic keypad entryn- Put in a trash pad and communal dumpstern- Removed and stumped dead treesn- All units have separate gas/electricn- Tenants pay for water, sewer and trashn- Moved all tenants to online payments n- Increased the rents to market raten- High quality tenants - must have 650+ credit score and make 3x the rent in verifiable income.n- No pets in buildingn- No smoking in buildingn- Annual rent increases are built into all current leasesnnOther qualities of the property:n- Main house entry is by electronic key fob only.n- There is a camera surveillance system installed
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Property Brokerage:
Springer Realty Group
600 Eagleview BOULEVARD 300
Exton
PA
19341
Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.