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464-480 N 2nd St
Souderton, PA 18964
Souderton Apartments · Multifamily Property For Sale · 12 Units

Investment Highlights

  • 12-Unit Apartment Complex Located in Souderton, Pennsylvania
  • High In-Place Yield, North of a 6.5% Current Cap Rate
  • Tenant Paid Heat
  • Strong Unit Mix: All Two-Bedroom Apartments
  • Majority of the Apartments Have Been Renovated, Only 2 Untouched Units
  • Ample Off-Street Parking, 2:1 Parking Ratio

Property Facts

No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.14 AC
Building Size 8,460 SF
No. Stories 2
Year Built 1970
Parking Ratio 2.25/1,000 SF
Zoning GA - permits a wide range of regional commercial activities generating large amounts of employment and traffic, serving a wide region on the Count

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Oven
  • Range
  • Tub/Shower

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 12 $1,640 705

Property Taxes

Property Taxes

Parcel Number
21-00-06804-006
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$447,950
  • Listing ID: 33450801

  • Date on Market: 10/8/2024

  • Last Updated:

  • Address: 464-480 N 2nd St, Souderton, PA 18964

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