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407 Beaver St 6 Unit Apartment Building $720,000 ($120,000/Unit) 7% Cap Rate Beaver, PA 15009
Investment Highlights
- Located in downtown Beaver Borough within walking distance of shops, dining, and local services.
- On-site parking provides convenience along with additional street parking options for residents.
- Proximity to major roadways and regional employment hubs enhances tenant retention and investment stability.
- Renovated interiors and updated systems.
Executive Summary
This fully occupied six-unit apartment building at 407 Beaver Street presents a compelling investment opportunity in the heart of Beaver, Pennsylvania. Priced at $720,000, the asset combines steady cash flow with strong regional fundamentals. Located within a walkable and scenic borough, the property benefits from proximity to local shops, restaurants, and services that appeal to tenants and support stable occupancy.
Property Facts Under Contract
| Price | $720,000 | Building Class | C |
| Price Per Unit | $120,000 | Lot Size | 0.12 AC |
| Sale Type | Investment | Building Size | 4,777 SF |
| Cap Rate | 7% | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1969/2007 |
| Property Subtype | Apartment | Parking Ratio | 0.83/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | Commercial | ||
| Price | $720,000 |
| Price Per Unit | $120,000 |
| Sale Type | Investment |
| Cap Rate | 7% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 4,777 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1969/2007 |
| Parking Ratio | 0.83/1,000 SF |
| Zoning | Commercial |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Gas Range
- Smoke Free
- Trash Pickup - Curbside
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | 1,000 |
1 1
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 14-002-1806.000 | Improvements Assessment | $274,850 |
| Land Assessment | $30,600 | Total Assessment | $305,450 |
Property Taxes
Parcel Number
14-002-1806.000
Land Assessment
$30,600
Improvements Assessment
$274,850
Total Assessment
$305,450
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407 Beaver St
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