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862 Iron Ridge Rd
Spring Grove, PA 17362
862 Iron Ridge Road · Multifamily Property For Sale · 11 Units

INVESTMENT HIGHLIGHTS

  • Scenic 11-Unit on 2.7 Acres Charming rural setting with 3 buildings, coin-op laundry, mature trees, and a stream.
  • Recent Upgrades & Utilities New electric, 95% modern windows, 8 units metered, repaved lot, well & septic systems.
  • Strong Income & Upside $117K annual rent with ~10% upside. 9 of 11 units renovated, light value-add potential.

PROPERTY FACTS

No. Units 11
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 2.70 AC
Building Size 9,670 SF
Average Occupancy 92%
No. Stories 2
Year Built/Renovated 1879/2017
Parking Ratio 1.09/1,000 SF
Zoning APARTMENT - Land Use: 201 A – House Converted to Apt- 4 Family +

AMENITIES

  • Smoke Detector

UNIT AMENITIES

  • Balcony
  • Cable Ready
  • Storage Space
  • Heating
  • Ceiling Fans
  • Eat-in Kitchen
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Views
  • Walk-In Closets
  • Carpet
  • Yard
  • Built-In Bookshelves
  • Deck
  • Dining Room
  • Double Pane Windows
  • Lawn
  • Linen Closet
  • Office
  • Pantry
  • Porch
  • Smoke Free
  • Vinyl Flooring
  • Window Coverings
  • Large Bedrooms

SITE AMENITIES

  • 24 Hour Access
  • Laundry Facilities
  • Gas Range
  • Smoke Free
  • Trash Pickup - Curbside
  • Private Bathroom

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 10 $850.00 450 - 1,100
2+1 1 $995.00 1,166

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
30-000-EE-0069.00-00000
Land Assessment
$73,330
Improvements Assessment
$171,130
Total Assessment
$244,460
  • Listing ID: 36368539

  • Date on Market: 6/24/2025

  • Last Updated:

  • Address: 862 Iron Ridge Rd, Spring Grove, PA 17362

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