In dover. There is a multiple dwelling investment that consistsof a 3 bedroom 2 bath 1,848 soft single family home and a 6-unit multi-family home on 12. 40 acres. The 6 units consists of 1 bedroom and 1 bath totaling 3,280 sqft. Currently, a cap rate of 6% 4 of the units are currently rented and other two, renovations have begun with the units framed out. Tremendous potential with renovation of single family and 2 units could potential be at 10-12%. Highlights of the property include: tons of parking, great yard, and picturesque views. Multiple opportunities include rent both units, owner- investor, live in one rent other. Rare find of 6 units for this price. So close to rt 22, shops and train
The vacancy rate of homes in 12522 is
10.63% with 62.76% of homes being owner-occupied. The median household income in 12522 is $61720 per year with those between 45 and 64 having the highest median income at $71944.