3 bedroom house for sale

Overview

This turn-key, fully occupied, cash-flowing investment property is located in the long-standing Victoria Arms development. The current rents are below market value and can be raised due to the condition and quality of the property. The current cap rate is in the 7's. It has three bedrooms, one full bath, two half baths, a deck, a built-in garage, and a driveway for additional parking. The unit has 1, 102 square feet and is within close proximity to Pleasant Valley Schools. The taxes and HOA fees are low. The HOA fees cover exterior structures, roofs, community water and sewer, and lawn maintenance and snow removal. It is conveniently located near Highway 209, with multiple shops, dining, and recreation nearby. It is also close to the Poconos and other outdoor activities. Buyers can purchase this single unit and choose the highest rents, or they can combine it with another unit at 175 Victoria Arms.