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121 S Main St 7 Unit Apartment Building $1,425,000 ($203,571/Unit) 8.58% Cap Rate Alburtis, PA 18011

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INVESTMENT HIGHLIGHTS

  • 7 of the 8 units have been completly remodeled.
  • All units metered separately for electric.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS Under Contract

Price $1,425,000
Price Per Unit $203,571
Sale Type Investment
Cap Rate 8.58%
Gross Rent Multiplier 10.2
No. Units 7
Property Type Multifamily
Property Subtype
Apartment
  • Office Office Residential
Apartment Style Low-Rise
Building Class B
Lot Size 0.27 AC
Building Size 4,256 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1878/2024
Parking Ratio 0.47/1,000 SF
Zoning C-1 - commercial zoning - specific office space usage.

AMENITIES

UNIT AMENITIES

  • Office

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 3 $1,250 650
2+1 3 $1,650 700
3+1 1 $1,750 750
  • Listing ID: 37132069

  • Date on Market: 8/5/2025

  • Last Updated:

  • Address: 121 S Main St, Alburtis, PA 18011

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