202 Center St
Stockertown, PA 18083
202 Center St · Multifamily Property For Sale
·
4 Units
Property Facts
| No. Units | 4 | Building Size | 8,134 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1900/2012 |
| Lot Size | 0.47 AC | Parking Ratio | 1.84/1,000 SF |
| Zoning | PO | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.47 AC |
| Building Size | 8,134 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1900/2012 |
| Parking Ratio | 1.84/1,000 SF |
| Zoning | PO |
About 202 CENTER ST , STOCKERTOWN, PA 18083
47,400 GROSS, 35,331 NET PROFIT, 10.1% CAP@ASKING [Actual]. Over 150k spent to remodel and revitalize this turn-key cash-flowing fully-occupied 4-unit brick apartment complex with all upgrades and approved plans to build 2 additional luxury townhomes for a proposed rent of 1800 each (see plans in pictures). Rents can be increased due to condition and location of property. Located w/ in minutes of Route 33. Surrounded by Lincoln Schoolyard Park, full court basketball and comes with 15 parking spaces. Three 2BR, 1.5BA = 1200 sqft each + one 3BR, 1.5BA with 1500 sqft. *New kitchens with brand-name appliances. *Completely re-plumbed. *All new wiring, completely redone. *New base board heating systems put in 2017. *All new high quality Anderson windows. *Fresh Paint. *New washers and dryers installed. *Noise insulated walls. Approved plans for luxury townhomes include 2 large BR + 2BA. *Low taxes. SOLD “AS IS.”
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | $1,100 | 1,500 |
| 2+2 | 2 | $950.00 | 1,200 |
| 2+2 | 3 | $950.00 | 1,200 |
| 2+2 | 4 | $950.00 | 1,200 |
Property Taxes
| Parcel Number | J8NE3A-2-1-0429 | Improvements Assessment | $106,100 |
| Land Assessment | $27,300 | Total Assessment | $133,400 |
Property Taxes
