Investment Prop or Single Family home 1405 Heart Lake Rd Immeuble residentiel 1 lot 395 685 € (395 685 €/Lot) Taux de capitalisation 11,61 % Montrose, PA 18801

1405 Heart Lake Road is a single family home in a picturesque setting, located just across the street from beautiful Heart Lake just outside of Montrose Pennsylvania. This property has undergone significant improvements in the past three years and contains 5 bedrooms, a large kitchen – great room area, 2 full and 1 half bathroom, generous unfinished basement for storage, and an expansive front porch. This property has been a successful & lucrative rental property with a longstanding tenancy with the gas companies who are embedded in this community at the center of the natural gas / fracking industry. Historical rental financials are available upon request. The property is fully furnished and can be sold including the contents. Published NOI is a three year average ('22, '23, and '24)
The Seller also owns The Evergreens Apartments at 379 S Main Street and the Wilson Street Apartments, both located in the Montrose area, fully-leased and also available for purchase.