300 Penn St 14 Unit Apartment Building $4,447,000 ($317,643/Unit) 5.97% Cap Rate Pennsburg, PA 18073

Discover a rare investment opportunity at 300 Penn Street in Pennsburg, Pennsylvania—a newly developed 14-unit multifamily property that blends modern loft aesthetics with the stability and charm of a growing borough. These condo-convertible residences offer spacious two-bedroom, two-bathroom layouts filled with natural light, premium finishes, and in-unit amenities that speak to the needs of today’s discerning tenants. Designed with long-term flexibility in mind, the building is positioned for both rental income and future condo sales, making it an adaptable asset for investors or owner-operators.

Strategically located just 35 miles from Philadelphia and 15 miles from Allentown, this site places you at the heart of a dynamic regional corridor. Proximity to major roadways such as Route 29 and Route 663 ensures easy connectivity, while nearby air travel options like Quakertown Airport and Butter Valley Golf Port Airport provide convenience for professionals on the move. Though no longer active, the historical ties to the Reading Railroad’s Perkiomen Branch add a layer of local character to the property’s story.

Set amid a community with a median household income exceeding $100,000 and surrounded by residential neighborhoods, local businesses, and educational institutions, this location offers both lifestyle appeal and economic stability. Nearby landmarks such as Green Lane Park and the borough’s historic downtown enhance the residential experience, providing tenants with both recreation and convenience. Whether you're seeking a high-quality income-generating asset or a foothold in a growing market, 300 Penn Street offers an unmatched blend of design, location, and investment potential.