A rare opportunity awaits with this 5-unit apartment building with 5 garages in a prime location. Built more than 90 years ago as a true 5-unit, the property retains the character and charm of a bygone era, with original hardwood floors throughout and a classic slate roof. Lovingly managed by… Read More the same owner for the past 46 years, this property has been well maintained and thoughtfully cared for, making it an ideal turnkey investment. Each apartment has its own gas and electric meter, plus access to a coin-operated laundry in the basement - a setup designed for minimal upkeep and low-maintenance management. All 5 apartments and 5 garages are fully occupied, yet the rents are currently below market value, offering upside potential for the next owner to unlock additional income. With separate utilities, solid construction, and a strong rental history, this is an attractive opportunity for both seasoned investors and those looking to expand their portfolio. Please review additional information in Documents. Read Less
Courtesy of Patrick Trimble, Berkshire Hathaway HomeServices Homesale Realty [email protected]
Listing Snapshot
Days Online
7
Last Updated
Property Type
Five Or More Units
Square Ft.
6,804
Lot Size
0.52 Acres
Year Built
1936
MLS Number
PALA2076468
30 Days Snapshot Of 17601
$448k
-8%
(avg) sold price
42
-2%
homes sold
12
-7%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
4,536 net sqft, 6,804 total building sqft, Built in 1936, 4 units in building, Brick, Masonry
Cooling
Electric, Window Unit(s)
Expenses
Advertising, Insurance, Snow Removal, Trash
Foundation
Block
Heating
Natural Gas, Propane - Owned, Hot Water, Radiator
Lot
22,651 sqft, 0.52 acres, Cleared, Level
Roof
Slate, Rubber
Sewer
Public Sewer
Taxes
City/Town Tax: $824, City/Town Tax Pymnt Freq: Annually, County Tax: $1,179, County Tax Pymnt Freq: Annually, School Tax: $7,144, Tax Annual Amount: $9,147, Tax Year: 2025
Utilities
Electric Service: 440 Volts, Hot Water: Natural Gas
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