$1,120,000
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3704-3706 A & B Davidsburg Rd. Dover, PA 17315 Municipality: Dover Twp
Multi-Family
Residence
Beds
Baths
7,650
Sq. Ft.
0.56
Acre
Lot
Property Activity
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Six unit townhome property located in Dover, PA. Property is located directly across the street from Lehr Park / Dover Area Community Center which features a playground, library, walking/ fit trail, and ball fields. Minutes from Walmart and the West Manchester Shopping Center. Each of the six t...ownhomes features two bedrooms, one bathroom, and a basement with washer and dryer hookups, making them highly functional and desirable for residents. All units come with private decks, offering outdoor space. The property underwent a complete rehab in 2021, which included modernized kitchen cabinets, sinks, appliances, flooring, and paint, along with updated bathrooms featuring new vanities, mirrors, and fixtures. Additionally, the parking lot was blacktopped in 2021, adding convenience and appeal for residents. All utilities are public. The net operating income (NOI) is $78,223 (Assuming a 7% management fee and using actual profit / loss numbers from 12/1/23 to 11/30/24.). Being sold at a 7% cap rate. Tenants pay for all their utilities (water, sewer, trash, electric). Water / Sewer / Trash bills are sent to the landlord, the landlord then bills back the tenants. Additionally, this property shares a parking lot with another six-unit townhome complex, which is not owned by the same seller. Should that neighboring property become available in the future, it presents a potential opportunity to expand your portfolio with an additional six units. Don’t miss the chance to make it yours!
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MLS#
PAYK2073398
Property Type
Multi-Family
Year Built
1984
Square Feet
7,650
sq. ft
Price per Sq. Ft.
$146.41
Lot Size
0.56
Sewer
Public Sewer
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