Description
Turnkey Investment – 10-Home Rental Portfolio in New Castle, PA! Well-maintained, tenant-occupied portfolio generating $108,600 in gross annual rent with a 2024 NOI of $88,648—offering a strong 9.85% cap rate. All 10 single-family homes feature 2–3 bedrooms, 1 bath, separate utilities, and numerous updates including newer roofs, furnaces, plumbing, and electrical systems. Tenants pay all utilities. Low property taxes, stable occupancy, and proven rental history make this a reliable cash-flowing investment. Minimal maintenance reserves and turnover assumptions are already factored into projections. Full rent roll, tax records, and repair summaries available. Owner prefers to sell as a package.
Location
Listed By
Listing Agent
Denise Canacci
HOWARD HANNA REAL ESTATE SERVICES
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Information provided here is deemed reliable but is not guaranteed and should be verified independently. The data relating to real estate for sale on this website comes from the Internet Data Exchange program of West Penn Multi-List. Updated: 13th June, 2025 7:53 PM (UTC)
Listing Office: HOWARD HANNA REAL ESTATE SERVICES
