1 S Main St - Apartments FOR SALE


Richlandtown, PA 18955
$899,900 USD
215-660-7200
1 S Main St, Richlandtown, PA for Sale
$899,900 USD
Apartments - FOR SALE
1/1
null | Request Cap Rate

1 S Main St
Richlandtown, PA 18955


HIGHLIGHTS

  • Solid brick masonry construction
  • Six-unit configuration with four units in the main building and two in a separate carriage house.
  • All units are in great condition
  • Income-generating property offering operational efficiency for investors

OVERVIEW

This well-maintained six-unit multi-family property combines character and stability in a desirable residential setting. The main structure features four thoughtfully configured units within a classic brick masonry building, offering durability and timeless architectural appeal. Additionally, a separate carriage house contains two additional units, creating a diversified unit mix and multiple income streams within a single asset. Each unit is reported to be in great condition, minimizing near-term capital expenditure needs. The presence of distinct living spaces across the main building and carriage house provides functional flexibility, appealing to a wide tenant base. This dual-structure configuration enhances long-term tenant retention and income stability while providing potential upside through incremental upgrades or repositioning strategies. Investors will appreciate the enduring quality of brick masonry construction, coupled with a layout that balances privacy and community living. With multiple units already performing and property upkeep well managed, this asset offers both current cash flow and future growth potential. Secure a historically appealing property that delivers strong functionality for modern tenants and stands as a valuable addition to any multi-family portfolio.

FOR SALE DETAILS

PRICE

$899,900 USD

PRICE/SF

$119 USD /SF

# OF UNITS

6

PRICE/UNIT

$149,983

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1870

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.78 AC

LAND SF

121,097 SF

ZONING

37VC

APN/PARCEL ID

37-003-070

ASK ABOUT THIS PROPERTY

Anthony NolandIron Valley Real Estate QuakertownMore Info
215-660-7200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Anthony NolandIron Valley Real Estate QuakertownMore Info
215-660-7200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.