3 S 2nd St - Apartments FOR SALE


Coplay, PA 18037
$975,000 USD
610-217-9454
3 S 2nd St, Coplay, PA for Sale
$975,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

3 S 2nd St
Coplay, PA 18037


HIGHLIGHTS

  • Ready for Redevelopment
  • Has 2 Garages and 4 parking spaces
  • Outdoor Space

OVERVIEW

Redevelopment Opportunity in Coplay, PA offering a three-story building currently configured as a 21-unit rooming house and delivered vacant. The property provides developers with an opportunity to reposition the existing structure for multifamily residential use, including potential apartment conversion, subject to zoning and municipal approvals. With up to three floors of existing building area, the property offers the potential to create a residential project without starting from the ground up. The building does not currently have an elevator.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$126 USD /SF

# OF UNITS

21

PRICE/UNIT

$46,429

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1881

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

C-1

APN/PARCEL ID

549956003323-1

ASK ABOUT THIS PROPERTY

Jennifer KennedyNAI SummitMore Info
610-217-9454

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Jennifer KennedyNAI SummitMore Info
610-217-9454

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