101 W PENN AVE Cleona, PA 17042

Great Investment opportunity! Beautifully updated 3 Unit investment property. Unit 1 is an 1800 square foot 3 level half a house with 3-5 bedrooms, 1.5 baths, open concept first floor. Space for a home office and/or second living area. Unit 2 is a first floor 900 square foot commercial space with display windows in front, and a full bath. This space could easily be turned into a studio apartment. Unit 3 is a two story 1200 square foot 3 bedroom, 1 bath apartment with an open concept living area. Bedrooms in both residential units are oversized. Could use an island to expand kitchen storage and countertop. An owner occupant could live in one side and rent out the two other units to cover the mortgage. Move right in! Tenants will love the updated interior finishes. This property has a new rubber roof, new windows, 2 new gas furnaces and air handlers, new electric re-wire, new kitchens and bathrooms, all new flooring (lifeproof vinyl planking and stainmaster 70 oz. carpet), New drywall and paint throughout. New Mini-split for Commercial space. New side porch floor and new concrete patio out back. Full basements for lots of storage and future site of laundry areas. There is an accessway built into the curbing near the back of the property for possible off street parking in the future. Must see this property to appreciate it. Lots of income potential. Current owner estimates possible income as follows: unit 1 - $1,500.00 unit 2 - $1,000.00 Unit 3 - $1,200.00 Electric and Gas are separated out. Tenants pay electric and Gas, Owner pays water & sewer. *Square footage is estimated Exterior Bilco type basement door and Lockset on front door of Commercial space are on backorder and will be installed prior to settlement. Sellers will pay for a one year warranty on this property for the buyers up to $600.00