Matamoras PA Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- 5
- Lot size:
- 0.23 Acres
- Year built:
- 1901
- Baths:
- 3.00
- MLS#:
- PWBPW243019
ADDITIONAL INFORMATION
FOLLOW THE MONEY!!! Invest in the highly desired Borough or Matamoras PA with outstanding school system, low taxes and close to everything. Gross rental income of $42,000 with a net of Net Profit of $34,000 per year after expenses. Thats almost 10% Return on Investment. Located on a double lot with plenty of parking. Downstairs unit being renovated.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- 5
- Lot size:
- 0.11 Acres
- Year built:
- 1950
- Baths:
- 3.00
- MLS#:
- PWBPW243016
ADDITIONAL INFORMATION
This 3 Family on double sized lot in highly desired Matamoras PA is a CASH COW!!Fully rented with great long term tenants.Raise rents to market values and you will be able to earn $10% Return on Investment. All apartments are two bedrooms each. Low Taxes just $5,116. Current low rents Gross $42,600 and net $33,400 after expenses. however raising market rents a reasonable $150 each would increase gross to $48,000 with Net income of $39,000 per year almost 10% Return on investment.
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Matamoras Real Estate
The median home value in Matamoras, PA is $349,000. This is higher than the county median home value of $154,200. The national median home value is $219,700. The average price of homes sold in Matamoras, PA is $349,000. Approximately 62.78% of Matamoras homes are owned, compared to 25.66% rented, while 11.56% are vacant. Matamoras real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Matamoras real estate agent to arrange a tour today!
Matamoras, Pennsylvania has a population of 2,267. Matamoras is less family-centric than the surrounding county with 27.91% of the households containing married families with children. The county average for households married with children is 29.22%.
The median household income in Matamoras, Pennsylvania is $63,169. The median household income for the surrounding county is $63,417 compared to the national median of $57,652. The median age of people living in Matamoras is 43 years.
Matamoras Weather
The average high temperature in July is 82.1 degrees, with an average low temperature in January of 15.5 degrees. The average rainfall is approximately 46.7 inches per year, with 37.8 inches of snow per year.