8.49% Cap Rate on 20-year loan, 20% down. Fully rented 4-unit near Foster Sayer's Recreational Park & Lake. Centre County property on .85 acre lot at Day-Stephan Lane. Income is $1,700 per month, electric heat and tenants pay electric, well and septic reduce utility costs. Present Tenant retention is up to 18-years, so take a look at the cash flow and get your investment portfolio off to a good start. Apts 1, 2, 3 have 3 bedrooms and Apt 4 is a 1-bedroom unit. Updated electric service and septic system. Call or email today for P&L.
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