1295 Bunny Lane, Chestnuthill Twp, PA 18322 (MLS # 759761)
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Rare opportunity to own a fully leased 5-unit investment property with a strong 9.5% cap rate in a desirable rental area. This well-maintained multifamily building features a total of five apartments"”three 2-bedroom/1-bath units and two 1-bedroom/1-bath units, making it a balanced and attractive option for any investor. Two of the units have been tastefully updated with tile flooring in the kitchens, fresh paint, wall-to-wall carpeting, and modern appliances. The remaining three units also feature wall-to-wall carpet and have been maintained by long-term tenants, ensuring stable occupancy and consistent income. Each apartment comes equipped with a microwave, oven/range, refrigerator, washer, and dryer, offering desirable in-unit amenities. Tenants are responsible for electric and cable/internet, while the owner covers snow/ice removal, lawn care, and dumpster service. The two 1-bedroom units are on a shared electric meter, which is covered by the owner. In addition to its low-maintenance appeal and strong current returns, this property offers immediate upside"”rents are currently below market, presenting a prime opportunity to increase cash flow with minimal capital investment. With reliable tenants, modern conveniences, and room for rent growth, this property is a smart, income-producing asset ready to enhance any portfolio. LA has ownership in property.
| DAYS ON MARKET | 11 | LAST UPDATED | 6/21/2025 |
|---|---|---|---|
| TRACT | Not in Development | YEAR BUILT | 1991 |
| COMMUNITY | Chestnuthill Twp | COUNTY | Monroe |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Chestnuthill Twp |
| CONSTRUCTION | Aluminum Siding |
| HEAT | Baseboard, Electric |
| LOT | 1 acre(s) |
| LOT DIMENSIONS | 43560.0 |
| PARKING | Driveway, Off Street, Parking Lot |
| SEWER | Septic Tank |
| STORIES | 2 |
| SUBDIVISION | Not in Development |
| TAXES | 7289.26 |
| UTILITIES | Cable Available |
| WATER | Well |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
Listed with Grace Realty Co Inc
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