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American Elm 1252 Main St 4 Unit Apartment Building $275,000 ($68,750/Unit) 1.09% Cap Rate Susquehanna, PA 18847

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INVESTMENT HIGHLIGHTS

  • Historic brick building on Main Street of town. Foot traffic. Other stores and amenities close by.

EXECUTIVE SUMMARY

3 floors. The Store Front was a restaurant and has been vacant for several years. 2nd floor has 2 beautiful 1 bedroom apartments. One is currently rented for $650/month. 3rd floor is vacant and in need of renovations. NOI reported in Sale details not accurate.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

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

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

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

PROPERTY FACTS

Price $275,000
Price Per Unit $68,750
Sale Type Investment
Cap Rate 1.09%
Sale Condition High Vacancy Property
Gross Rent Multiplier 38.46
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Mid-Rise
Building Class C
Lot Size 0.08 AC
Building Size 4,800 SF
No. Stories 3
Year Built 1885
Zoning R2 - Commercial with Residential

AMENITIES

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 2 $650.00 800
3+1 1 - 1,600
  • Listing ID: 37936954

  • Date on Market: 10/3/2025

  • Last Updated:

  • Address: 1252 Main St, Susquehanna, PA 18847

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