Property Details
Property Type
Multifamily- 6 unit
Location
Deal type
Washingtonville
1120 Market St, Washingtonville, PATurnkey 6-Unit Investment with Furnishings and Mid-Term Rental History
Asking Price: $395,000Units: 6 (3 in Main House, 2 in Rear House, 1 Mobile Home)Total Living Area: Approx. 3,676 SFLot Size: 0.50 AcresZoning: I-ROccupancy: Vacant but Rent Ready
Investment Overview:This rare 6-unit rental is fully furnished and rent-ready with no repairs needed. Located just outside Danville, it has historically catered to traveling professionals including hospital workers and power plant staff. Layout and condition are ideal for a mid-term rental strategy. Property includes off-street parking, modern water systems, and updated interiors.
Financials:
Projected Gross Rents: $5,600/month
Projected NOI: $67,200 annually
Cap Rate: 9.57%
Cash-on-Cash Return: 8.78%
Highlights:
Fully Furnished Units
Zero Repairs Needed
Large Corner Parcel with Strong Demand for Workforce Housing
Mid-Term Rental Potential (Healthcare/Utility Sector Tenants)
All Updated Systems + Recent Water Heaters