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Investment Highlights

  • Solid brick masonry construction
  • All units are in great condition
  • Six-unit configuration with four units in the main building and two in a separate carriage house.
  • Income-generating property offering operational efficiency for investors

Executive Summary

This well-maintained six-unit multi-family property combines character and stability in a desirable residential setting. The main structure features four thoughtfully configured units within a classic brick masonry building, offering durability and timeless architectural appeal. Additionally, a separate carriage house contains two additional units, creating a diversified unit mix and multiple income streams within a single asset. Each unit is reported to be in great condition, minimizing near-term capital expenditure needs. The presence of distinct living spaces across the main building and carriage house provides functional flexibility, appealing to a wide tenant base. This dual-structure configuration enhances long-term tenant retention and income stability while providing potential upside through incremental upgrades or repositioning strategies.
Investors will appreciate the enduring quality of brick masonry construction, coupled with a layout that balances privacy and community living. With multiple units already performing and property upkeep well managed, this asset offers both current cash flow and future growth potential. Secure a historically appealing property that delivers strong functionality for modern tenants and stands as a valuable addition to any multi-family portfolio.

Property Facts

Price $899,900
Price Per Unit $149,983
Sale Type Investment
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 2.78 AC
Building Size 7,537 SF
No. Stories 2
Year Built 1870
Zoning 37VC

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 2 - -
2+1 3 - -
3+1 1 - -
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
37-003-070
Land Assessment
$10,880
Improvements Assessment
$35,520
Total Assessment
$46,400
  • Listing ID: 40392492

  • Date on Market: 5/4/2026

  • Last Updated:

  • Address: 1 S Main St, Richlandtown, PA 18955

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