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Lewistown,PA 17044
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,160 sqft
Price per Sqft $133
MLS Listing ID PAMF2051704
Style Traditional
Abv Grd Liv Area 1,160
Originating Board BRIGHT
Year Built 1950
Annual Tax Amount $871
Tax Year 2023
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 18.00 x 175.00
Property Description
Introducing an incredible investment opportunity! This 3-unit property features three studio apartments, offering a versatile living and income-generating arrangement. Whether you're a first-time investor or looking to expand your portfolio, this property is a fantastic option to consider.
Live and Earn:
One of the unique aspects of this property is the opportunity to live in one of the studio apartments while renting out the other two. The rental income from the two units can significantly offset your mortgage payments, making homeownership more affordable and your investment more profitable.
Financing Options:
This property may qualify for FHA financing, an excellent option for buyers looking to enter the real estate market with a lower down payment. This makes it an accessible and practical choice for those eager to grow their rental portfolio while enjoying the benefits of owner-occupied financing.
Future Expansion Potential:
An exciting bonus is that the other half of this duplex will be available for purchase in just a week. This presents a rare opportunity to acquire a total of four units, maximizing your investment potential. Imagine living in one unit while generating income from the remaining three, creating a robust cash flow scenario.
Location
State PA
County Mifflin
Area Lewistown Boro (156010)
Zoning RESIDENTIAL
Interior
Interior Features Attic,Bathroom - Stall Shower,Bathroom - Tub Shower,Combination Kitchen/Dining,Flat,Floor Plan - Open,Studio,Wood Floors
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Inclusions stove, refrigerators in each unit
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Mifflin County
Others
Tax ID 05 ,04-0305--,000
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard