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Listed by Michael Fiteni • LPMG Management Co.
$ 79,000
Est. payment | /mo
3,485 Sqft Lot
$ 79,000
Est. payment | /mo
3,485 Sqft Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PASK2029238
Year Built 1925
Annual Tax Amount $2,598
Tax Year 2026
Lot Size 3,485 Sqft
Acres 0.08
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
6-Unit Multifamily Value-Add Opportunity. Calling all investors and value-add buyers: this 6-unit multifamily property is priced to move and built for upside. With a unit mix of three 1-bedroom and three 2-bedroom apartments, this full-renovation project offers a rare entry point into multifamily ownership at a fraction of replacement cost.
The property needs a complete renovation, making it a strong fit for an experienced rehabber, contractor-investor, or buyer looking to drive appreciation through a full stabilization plan. Once renovated and leased at market rents, the projected gross annual income ranges from approximately $68,400 to $72,000, based on estimated rents of $900/month for the 1-bedroom units and $1,000–$1,100/month for the 2-bedroom units.
At an asking price of just $79,900 for six units, this deal offers significant upside for buyers willing to put in the work. Whether you're expanding a rental portfolio or taking on your next ground-up rehab, this property is a compelling opportunity to build equity from day one. The property is being sold as a full renovation/value-add opportunity, ideal for investors comfortable managing a rehab from the ground up.
Serious, qualified buyers only.
The property needs a complete renovation, making it a strong fit for an experienced rehabber, contractor-investor, or buyer looking to drive appreciation through a full stabilization plan. Once renovated and leased at market rents, the projected gross annual income ranges from approximately $68,400 to $72,000, based on estimated rents of $900/month for the 1-bedroom units and $1,000–$1,100/month for the 2-bedroom units.
At an asking price of just $79,900 for six units, this deal offers significant upside for buyers willing to put in the work. Whether you're expanding a rental portfolio or taking on your next ground-up rehab, this property is a compelling opportunity to build equity from day one. The property is being sold as a full renovation/value-add opportunity, ideal for investors comfortable managing a rehab from the ground up.
Serious, qualified buyers only.
Location
State PA
County Schuylkill
Area New Philadelphia Boro (13354)
Zoning R-3
Interior
Hot Water Natural Gas
Heating None
Cooling None
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Saint Clair Area
Others
Tax ID 54-02-0200
Ownership Fee Simple
Special Listing Condition Standard
Nearby Locations
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