Add this 2 unit income producing property to your portfolio, OR, live in one and rent the other one, OR convert to a single family home and have all the bedrooms your family needs! This is a detached home with 2 units. 50 S. Main consists of a 2 BR shotgun style apartment while 52 S. Main Street consists of townhome style living with 5 BR and 2 BA, an attic that can be converted to living space and a large basement for storage. Note that BR 4 and 5 are shotgun style, also. This property features a large back yard (shared) with an asphalt parking pad at the back of the property. One of the units has a long-term tenant that wants to stay (Unit 52 S. Main). 50 S. Main is preparing to move. Combined rental income for both units is $1615/mo and rents are a bit under market rents. Home has had some upgrades in the last several years such as a new roof, new water heater in 2018, 5 vinyl replacement windows (3 on back of house and 2 on right side), some new flooring. Home is a great income producer with lots of space. See docs for income & expenses for 2022 and 2023 and recent work to property. See this versatile home today! 24 Hour Notice Preferred to See Property.
Red Lion is located in Pennsylvania. Red Lion, Pennsylvania has a population of 6,324. Red Lion is more family-centric than the surrounding county with 34.68% of the households containing married families with children. The county average for households married with children is 29.86%.
The median household income in Red Lion, Pennsylvania is $51,130. The median household income for the surrounding county is $61,707 compared to the national median of $57,652. The median age of people living in Red Lion is 35.4 years.
The average high temperature in July is 85.6 degrees, with an average low temperature in January of 22.1 degrees. The average rainfall is approximately 42.8 inches per year, with 24.5 inches of snow per year.