Property Details
Property Type
Portfolio
Location
Deal type
Lewistown
A strong value-add multi-family opportunity just hit the Deal Depot — a 4-unit, 3-property package in Lewistown, PA. All properties are located side-by-side, currently rented month-to-month, offering both operational efficiency and excellent repositioning upside. Whether you're looking to BRRRR or buy and hold, this is a scalable addition to any portfolio.
Property Type: Two SFRs + One Duplex (4 Units Total)
Location: Lewistown, PA
Deal Type: Off-Market Assignment
Quick Highlights:
Asking: $170,000
Current Rents: $3,100/month
Projected Rents: $3,700/month
NOI: $25,920 (Pro Forma)
Cap Rate: 12.96%
Cash-on-Cash: 23.99%
Repairs: $30K–$40K (light turns, not full rehabs)
Condition: Solid structure, separate utilities, roofs in good shape (metal/rubber), vinyl windows, stone foundations
Tenants pay all major utilities (heat, electric, water/sewer). Month-to-month leases provide flexibility for unit turns and rent increases. Each property is two stories with strong bones and no known structural issues. Light cosmetic updates will push rents to market levels quickly.