5 E Market Street

Jonestown, PA 17038

Cash-flowing mixed-use rental property grossing over $5,150 a month located right in the heart of Jonestown! Most of this property has been recently renovated with new drywall, paint and luxury vinyl plank flooring throughout! As you enter the first floor you will see two storefront suites which are currently being converted from a salon/micro-blading studio into a tattoo shop by the new business owner who is renting for $1,100/month. Also on the main floor is a fully furnished 1 bedroom apartment which is consistently rented to travel nurses for $1,400/month. Leading down the first floor hallway you will find a half bath for business use and a laundry room with coin-operated washer & dryer. The walk-out basement apartment has off-street parking, central air, it's own separate fenced yard, two bedrooms, 1 bathroom and use of 2 storage rooms just outside of the main living area. That apartment is rented for $1,100 a month and the tenant pays their own electric. On the second/third floor you will find a very large 2 bedroom apartment with off-street parking, an outside deck entrance, it's own separate fenced yard, and central air which is rented for $1,550 per month. New roofs and AC units were just installed approximately 2 years ago. The majority of work has already been done at this property, making it a solid choice for an investment!