4730 HORSESHOE PIKE Honey Brook, PA 19344

RARE OPPORTUNITY, 4 Unit Investment property in highly acclaimed Twin Valley School District. Tenant pays: Gas Heat; Electric; Water; Sewer; Cable TV; Phone. Each unit has its own: gas furnace & meter (radiator heat); water heater; updated breaker panel & wiring; separate electric & water meter. 4 Unit properties like this, in this school district, seem to only become available on the open market about every decade (based on MLS), this one is only available do the owner moving to warmer climate. Well maintained w NEW (2016) blacktop driveway which is horseshoe shaped & offers loads of tenant pleasing off street parking & aluminum sided detached garage, NEWER (2011) maintenance free vinyl double pane windows throughout, NEWER (2012) maintenance free aluminum soffit & facia. Based on MLS records, this property appears to offer the highest known return on real estate investment in the TVSD, based on $260,000 divided by 4 apartments, equaling $65,000, each unit, rented for $750.00 month & maintained under one roof. The current rent is below market value, common rent in the area is $900 - $1,100, especially considering every unit is provided with its own washer & dryer which is very rare & desirable, the 4 W&D and 4 Refrigerators are owned by the landlord, included. The current owner has been in ownership for 25 years & elected to not increase the rent inline w inflation, due to the convenience of maintaining long term tenants & virtually zero vacancy rate. Public Water, Sewer & Gas removes the maintenance/replacement costs associated w onsite well & sewer. Primarily hard surface flooring thought, which makes it easier to prep the units in the event of tenant turnover. Tenant attracting & pleasing adjoining park w playground, picnic pavilions, tennis courts & basketball court. Convenience abounds - Post Office, Banking, Pizza, Lucky Woc & Pharmacy less than 1 block away, easy access to Rt.322 & Rt.10. Minimum 24 HR showing notice required, group showings are being coordinated to minimize tenant interruptions.