Calling all investors looking for there next investment property! This 5 unit complex plus detached garage has so much potential to earn a great cash flow. 4 out of 5 units are currently rented out. The possibilities are endless with what you would like to do with this home. Come take a look and use your very own expertise to make it a dream come true. All utilities are split per unit, gas, electric, and hot water tanks. With new hot water tanks installed recently in some units.
This 8-unit building, with an additional retail unit, in Derry Boro presents a compelling investment opportunity. With 4 units completed for lease, it offers immediate potential for rental income. The 1000 square foot retail/office space, complemented by a large storage area, provides versatility for potential tenants. Potential uses; retail, office or small restaurant. All units are metered separately. 8-space off-street parking lot at the rear of the building and 4-car garage. Non-metered on-street parking on E First Ave. Overall, this 8-unit building with an additional retail unit in Derry Boro presents an investment opportunity with its immediate rental income potential, versatile retail/office space, parking facilities, and convenient location.
Derry is located in Pennsylvania. Derry, Pennsylvania has a population of 6,688. Derry is more family-centric than the surrounding county with 27.63% of the households containing married families with children. The county average for households married with children is 26.66%.
The median household income in Derry, Pennsylvania is $48,199. The median household income for the surrounding county is $56,702 compared to the national median of $57,652. The median age of people living in Derry is 43.9 years.
The average high temperature in July is 82.9 degrees, with an average low temperature in January of 19 degrees. The average rainfall is approximately 45.2 inches per year, with 45.7 inches of snow per year.