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Listed price in listed location currency (USD).
$1,750,000

1686

MLS® 777741

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential Income
Size 11586 sqft
Garage Yes
Taxes $8,601
Days Active 5
Lot Size 
Approx. Age 1900
Avg. Price Per Sqft $151
MLS® Number 777741

Property Address: 435 W Main St, Pen Argyl, PA, 18072-1956

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number777741
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1900
Basement
DrivewayDetached, Garage, Off Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 27, 2026List Date
$1,750,000List Price
-End Date
Not Sold YetSold Price

For Sale

May 27, 2026List Date
$1,750,000List Price
  • Commute

Commute

Starting Address
Destination Address
435 W Main St, Pen Argyl, PA

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