$ 924,000
-
$924,000
Price -
0
Bed -
0
Bath -
8,412
SqFt
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About the Listing INCH1 - 3352427,3355062
Exceptional investment opportunity in the heart of Stewartstown featuring this fully occupied 10-unit multifamily property located at 3 N Main St. With strong in-place income and significant recent capital improvements, this asset offers both immediate cash flow and long-term stability for investors seeking a turnkey addition to their portfolio. The property has undergone extensive recent renovations, including 5 newly updated kitchens, new flooring throughout multiple units and common areas, and updated appliances. Additional maintenance and system updates include roof inspections and a recently serviced boiler, helping minimize deferred maintenance concerns. Tenants benefit from off-street parking and a convenient in-town location close to local amenities and commuter routes. Current pro forma financials project an annual gross scheduled rent of $124,800 with a 5% vacancy factor, resulting in an effective gross income of approximately $118,560. Operating expenses are estimated at $31,536 annually, producing a projected net operating income of approximately $87,024. A stabilized, income-producing multifamily asset with recent improvements and strong occupancy, this property presents an outstanding opportunity for both seasoned and emerging investors.
Listing Highlights
Status
Pending
Days on Site
33
Property Type
Commercial Sale
MLS ®
PAYK2103740
Year Built
1900
Total Square Footage
8,412
Lot/Acreage
0.23
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Steam
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 10
- Zoning: COMMERCIAL VILLAGE
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Private,Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $5,683
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
3 N Main St Stewartstown, PA 17363
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