3 Unit in Catasaqua – Occupied and cash Flowing

3 Beds / 3 Baths • 2,416 SqFt
Offer Submission Deadline
  • 2-4 Unit
  • 3
  • 3
  • 1900
  • 2416
  • 2416
  • Detached Garage

Description

Multifamily (3 unit) in Northampton County. Value add potential or immediate cashflow in current condition. Proforma Cashflow: Annual gross revenue ~$46,800 Annual expenses ~$9,160 CAP Rate ~12% ARV based on proformas.

Disclaimers - This is a contract assignment.

How It Works

  • We prefer to work with investors who have the ability to close quickly.
  • Cash buyers are always preferred.
  • We schedule two separate viewing days with the Seller.
  • To schedule a tour, please contact us directly.
  • This is a wholesale deal.

Assignment Contract

An assignment contract will be delivered electronically once your offer has been accepted. Once the assignment contract is signed, we will introduce you to the title company that will facilitate the closing process. The closing date will be written on the assignment contract.

Earnest Money Deposit

A minimum EMD of $5,000 must be wired to the Title Company within 3 days. Earnest Money is non-refundable (unless the seller cannot produce a clean market title).

Buyer to verify all information as seller makes no claims or warranties, expressed or implied.

Estimated Spread

  • ARV $400,000
  • Price $315,000
  • Spread $85,000

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