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10 Chesapeake Street 10 Chesapeake St 6 Unit Apartment Building $489,000 ($81,500/Unit) 4.89% Cap Rate Lyndora, PA 16045

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EXECUTIVE SUMMARY

6 apartment units plus 1 commercial unit currently rented to the owner’s construction business. They can stay or leave. Apartment rents are BELOW market. This has value add potential. Building is in great shape. Owner can lease back, vacate or is open to selling his buiness separately. For more info on the business please contact the agent. Tax returns available upon request.

PROPERTY FACTS

Price $489,000
Price Per Unit $81,500
Sale Type Investment
Cap Rate 4.89%
No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Low-Rise
Building Class C
Lot Size 0.08 AC
Building Size 9,402 SF
Average Occupancy 100%
No. Stories 3
Year Built 1905
Zoning Commercial

AMENITIES

UNIT AMENITIES

  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Window Coverings

SITE AMENITIES

  • 24 Hour Access
  • Walking/Biking Trails
  • Storage Space
  • Public Transportation
  • Walk-Up

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
052-37-A224-0000
Land Assessment
$4,896
Improvements Assessment
$17,280
Total Assessment
$22,176
  • Listing ID: 33537797

  • Date on Market: 10/16/2024

  • Last Updated:

  • Address: 10 Chesapeake St, Lyndora, PA 16045

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