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115 E Ruddle St - 5 Unit in Coaldale 5 Unit Apartment Building Offered at $375,000 at a 8.76% Cap Rate Coaldale, PA 18218
Investment Highlights
- Mix of unit sizes
- Fully occupied.
- 1 Car Parking
- Value add
Executive Summary
FULL OCCUPIED 5-unit! Unique opportunity in Coaldale Borough with low taxes for an investment property. The building consists of two 2-bedroom apartments, two studios, and one 1-bedroom apartment. There is a one-car off-street parking spot. The owner has been in the process of turning utilities over to the tenants in phases. Units 3 and 4 pay all their own utilities. Landlord pays: - water, sewer, trash for Unit 1 and 5 - water, sewer, trash for Unit 2 - Units 3 and 4 pay all their own utilities.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$51,060
|
$16.62
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$51,060
|
$16.62
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$18,197
|
$5.92
|
| Net Operating Income |
$32,863
|
$10.70
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $51,060 |
| Annual Per SF | $16.62 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $51,060 |
| Annual Per SF | $16.62 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $18,197 |
| Annual Per SF | $5.92 |
| Net Operating Income | |
|---|---|
| Annual | $32,863 |
| Annual Per SF | $10.70 |
Property Facts
| Price | $375,000 | Building Size | 3,072 SF |
| Price Per Unit | $75,000 | Average Occupancy | 100% |
| Sale Type | Investment | No. Stories | 3 |
| Cap Rate | 8.76% | Year Built | 1925 |
| No. Units | 5 | Parking Ratio | 0.33/1,000 SF |
| Property Type | Multifamily | ||
| Zoning | Resi | ||
| Price | $375,000 |
| Price Per Unit | $75,000 |
| Sale Type | Investment |
| Cap Rate | 8.76% |
| No. Units | 5 |
| Property Type | Multifamily |
| Building Size | 3,072 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1925 |
| Parking Ratio | 0.33/1,000 SF |
| Zoning | Resi |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | - | - |
| 1+1 | 1 | - | - |
| 2+1 | 2 | - | - |
1 1
Property Taxes
| Parcel Number | 40-02-0260.000 | Improvements Assessment | $16,335 |
| Land Assessment | $3,750 | Total Assessment | $20,085 |
Property Taxes
Parcel Number
40-02-0260.000
Land Assessment
$3,750
Improvements Assessment
$16,335
Total Assessment
$20,085
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115 E Ruddle St - 5 Unit in Coaldale
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