914 Lakeview Ct Unit #35 UPPER, King Of Prussia, PA 19406

Property Description

Tenant-occupied luxury condominium investment in the heart of King of Prussia. 914 Lakeview Court #35 Upper offers investors a three-bedroom, 2.5-bath Toll Brothers Dennison residence with approximately 2,290 finished square feet, including 2,144 square feet above grade. The property is leased at $4,000 per month, producing $48,000 in annual contract rent. The existing lease transfers with the sale, subject to final review of the lease, renewal status and security-deposit documentation. The residence features an open main living level, oversized kitchen island, stainless steel appliances, gas cooking, large windows, a primary suite with private bath and balcony, two additional bedrooms, bedroom-level laundry, finished lower-level space, attached garage, driveway parking and a private rooftop terrace with panoramic views. Located in The Brownstones at Village at Valley Forge, the property is within walking distance of King of Prussia Town Center dining, shopping, fitness and services, and is minutes from Wegmans, King of Prussia Mall, Valley Forge National Historical Park and major regional employment and highway connections. The condominium fee includes common-area maintenance, exterior building maintenance, lawn maintenance, sewer, snow removal, trash and water. The residence is currently tenant occupied offering a unique opportunity to purchase now, receive rental income during the existing lease term, and occupy later. A special mortgage-rate reduction program may also be available to qualified buyers through a participating lender. Contact the listing agent for lease and financing details. Lease purchase is an option.