611 N Main St - Apartments FOR SALE


Plains, PA 18705
$4,500,000 USD
570-762-8277
611 N Main St, Plains, PA for Sale
$4,500,000 USD
Apartments - FOR SALE
1/9
null | 7.8% Cap Rate

611 N Main St
Plains, PA 18705


HIGHLIGHTS

  • 31-unit apartment building featuring a mix of 20 two-bedroom units and 11 one-bedroom units.
  • Each unit offers an open layout complemented by a modern kitchen and updated appliances.
  • Tenant-paid heating, cooling, and electricity reduce operating expenses for ownership.
  • Owner covers water and sewer, simplifying utility management.
  • Additional two-car garage and rear parking lot provide convenient on-site parking options.
  • Low-maintenance property design supports consistent operations and strong cash flow potential.

OVERVIEW

This 31 Unit apartment building consists of 20-2 bedroom units and 11- 1 bedroom units. Each unit has an open layout with a modern kitchen/ appliances. Tenants pay for their heating, cooling, and electricity and owner pays water and sewer. There is an additional two car garage and parking lot in the rear of the property. Great low maintenance building with parking and a high cash flow.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$150 USD /SF

# OF UNITS

31

PRICE/UNIT

$145,161

CAP RATE

7.8%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

26-559

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2021

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

-

APN/PARCEL ID

73-H10NW2-030-005

ASK ABOUT THIS PROPERTY

Greg BarroukLewith & Freeman Real EstateMore Info
570-762-8277

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Greg BarroukLewith & Freeman Real EstateMore Info
570-762-8277

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