1200-1202 Montezuma St, Lincoln-Larimer, PA 15206

Property Description

Fully occupied 4 unit building. 2 of 4 units are HACP Voucher assisted. 3 units have potential for sizable rent increases. Mostly longer term tenants in place that would like to stay. With some updates and raising rents closer to fair market values on the voucher payment standards, this property has potential to produce a very healthy return. Current rents produce a 12.5 CAP if self managed or 11 CAP with use of a PM. Current gross rents of 4062/month.