Homes For Sale: USA Pennsylvania Pen Argyl Boro 435 Main Street
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$1,750,000 USD

435 Main Street
Pen Argyl Boro, Pennsylvania 18072
USA
1,076.339 m2 :: 11,586 sqft
16 bedrooms
8 full baths
Residential For Sale, Other Residential
Land size: 0.065 ha :: 0.16 acres
Sale price per sqm: 1,625.83
Tax: 8,601 USD
Ira Gordon
CENTURY 21 Keim Realtors
90 North Cedar Crest Boulevard,
Allentown, 18104, United States
Phone: 610-395-0393

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Remarks:

8-Unit Apartment Building including 6 garages and 10 storage units for Sale – Prime Investment Opportunity in Pen Argyl! Exceptional opportunity to own a well-maintained multifamily property in the heart of Pen Argyl’s desirable Slate Belt region. This strong income-producing asset generates a gross annual income of $172,620 with a net operating income of $145,509 and an impressive 8% cap rate, offering excellent long-term cash flow potential and investment stability. The property features eight spacious 2-bedroom, 1-bath apartments with strong rental demand. Several units offer hardwood flooring in the living rooms and bedrooms, adding warmth and character throughout, while many units have been completely remodeled with updated finishes that enhance tenant appeal. Recent capital improvements include a new heating system, new sump pump, and new hot water heater, helping minimize future maintenance costs and providing peace of mind for investors. Owner currently pays heat and hot water, offering added value for residents. Additional income opportunities come from the property’s 6 garages and 10 storage units, providing added convenience for tenants and increased revenue potential. A large basement storage area further enhances the property’s functionality and appeal. Conveniently located near shopping, schools, and major commuter routes, this turnkey multifamily investment is ideal for both seasoned investors and those looking to expand into the apartment market. Don’t miss this outstanding opportunity to own a solid, cash-flowing asset with upside potential in a growing rental market.

Features:

  • Year Built: 1900
  • Building age: Over 50 years old
  • Exterior Description: Aluminum Siding
  • Property Features: Garage
  • Utilities: Public Sewer
  • Number of parking spaces: 6

Location:

435 Main Street, Pen Argyl Boro, Pennsylvania 18072, USA
Listed By CENTURY 21 Keim Realtors

The Residential For Sale, Other Residential located at 435 Main Street, Pen Argyl Boro, Pennsylvania 18072, USA is currently for sale. 435 Main Street, Pen Argyl Boro, Pennsylvania 18072, USA is listed for $1,750,000 USD. This property has 16 bedrooms, 8 full baths and 11,586 sqft. If the property located at 435 Main Street, Pen Argyl Boro, Pennsylvania 18072, USA isn't what you're looking for, search Pennsylvania Real Estate to see other Homes For Sale in Pen Argyl Boro.

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