202 E Cumberland Rd, ENOLA, PA 17025

Back to the market for a second time due to buyers terminating right before closing (even though the home appraised at the list price). This home has an FHA appraisal that will carry with the home and can be used to close this home quickly which will potentially save the buyers the cost of an appraisal. Welcome to this newly renovated two-unit property, which includes a three-bedroom, one-bath unit on the second and third floors and a two-bedroom, one-bath unit on the first floor. This home could easily be used as a single-family residence and would work for multi-generational living, or it could be a high-income producing investment property. Since the commercial limited zoning permits mixed use with residenital, multi-family, and office space, the possibilites for this property are endless! The projected cap rate on this one should be over 10% which is extremely hard to find in this competitive seller's market at an estimated $2800 per month rented as a multi-family unit or $2500 … read more …