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$210,138
Listing Price3beds
1baths
1,200sqft
7,013sqft lot
435 E Main St, Pen Argyl, PA 18072
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
8-Unit Apartment Building, 6 garages and 10 storage units for Sale Prime Investment Opportunity in Pen Argyl!nnExceptional opportunity to own a well-maintained multifamily property in the heart of Pen Argyls desirable Slate Belt region. This strong income-producing asset generates a gross annual income of $178,860 with a net operating income of $151,749 and an impressive 9% cap rate, offering excellent long-term cash flow potential and investment stability.nnThe 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.nnRecent 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.nnAdditional income opportunities come from the propertys 6 garages and 10 storage units, providing added convenience for tenants and increased revenue potential. A large basement storage area further enhances the propertys functionality and appeal.nnConveniently 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. Dont miss this outstan
Interior Details
1200
3
1
Has Heating:
Yes
Heating Type:
Hot Water
Has Cooling:
Yes
Cooling Type:
None
Has Fuel:
Yes
Fuel Type:
Gas
Has Basement:
No
Basement Type:
Full
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
7013
Yes
Yes
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Custom Design
Aluminum/vinyl
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$3,242
$17,500
$22,600
--%
$40,100
2019
$3,159
$17,500
$22,600
--%
$40,100
2018
$3,053
$17,500
$22,600
--%
$40,100
2017
$2,995
$17,500
$22,600
--%
$40,100
2016
$2,904
$17,500
$22,600
--%
$40,100
2014
$2,719
$17,500
$22,600
--%
$40,100
2013
$2,684
$17,500
$22,600
--%
$40,100
Average Home Price in 18072
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