TURN KEY INVESTMENT with a +10% CAP RATE!! This well maintained 4,500 SF property is fully rented and features a first floor commercial space and 2 second floor apartments. Located in the center of Pen Argyl Borough, the building features vinyl siding, updated roof and a small paved parking area in the back. The first floor unit lends over 2200 SF of private offices, waiting room, reception, kitchen, 2 half-baths, central AC and a partially finished lower level. The 2nd floor apartments are both 2 beds, 1 bath each with private access, updated kitchens, attic storage and stackable washer/dryers. The building has gas heat/hot water, LOW TAXES and will bring an immediate return on your investment. Call today to schedule a private tour.
Off market
$131,000
223 S Robinson Ave, Pen Argyl, PA 18072
4beds
4baths
3,375sqft
MultiFamily
Built in 1900
-- sqft lot
$-- Zestimate®
$39/sqft
$2,003 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Forced air, Electric, Gas
Cooling
- Central
Interior area
- Total interior livable area: 3,375 sqft
Property
Parking
- Total spaces: 2
Features
- Exterior features: Vinyl
Lot
- Size: 3,920 sqft
Details
- Parcel number: E8NE2D4930625
- Zoning: GB-General Business
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Pen Argyl
HOA & financial
Other financial information
- Total actual rent: 3575
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- Heating: Forced Air, Electric, Natural Gas, Radiator
- RoadSurfaceType: Paved
- Roof: Shingle, Pitched
- HeatingYN: true
- CoolingYN: true
- RoomsTotal: 24
- CurrentFinancing: Conventional, Cash
- NumberOfBuildings: 1
- OpenParkingYN: true
- ParkingFeatures: Paved
- Zoning: GB-General Business
- RoadResponsibility: Public Maintained Road
- GrossIncome: 42900.00
- NumberOfUnitsTotal: 3.00
- RoomKitchenFeatures: SemiMod
- RoomBathroomFeatures: SemiMod
- NetOperatingIncome: 26200.00
- OperatingExpense: 16700.00
- WaterSewerExpense: 3350.00
- TotalActualRent: 3575
- Cooling: CntrlAC, Wal/WinAC
- MlsStatus: Active
- FuelExpense: 2499.00
- InsuranceExpense: 2813.00
- NewTaxesExpense: 5296.00
- TrashExpense: 2632.00
- Road surface type: Paved
Services availability

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