3026 S Main St - Apartments FOR SALE


Mansfield, PA 16933
$925,000 USD
570-321-7000
3026 S Main St, Mansfield, PA for Sale
$925,000 USD
Apartments - FOR SALE
1/72
null | 4.48% Cap Rate

3026 S Main St
Mansfield, PA 16933


HIGHLIGHTS

  • All new appliances in each unit!

OVERVIEW

15 Unit Apartment Complex - Investors Take Note! Possble OWNER FINANCING - Your new investment consists of 13 single apartments with a communal kitchen & a 2-unit home, bringing the total door to 15! Newly renovated & improved, tenants are lining up to rent the efficiency apartments. Sale will include the land, buildings & business (website)! Units are renting for $750-$790/mo. as some come furnished & one is currently used as a VRBO, renting out weekly. Duplex is owner occupied but will rent for $1100-$1300/mo. Tenants enjoy the spacious, private back yard and the picnic & recreation space built down by the Tioga River. Each unit has a refirgerator & microwave & enjoys the use of the communal kitchen. On site coin-operated laundry brings in additional cash flow each week, with room to expand & add more of them. Duplex had its own laundry facility. Talk to your agent about the Sellers' Investment Portfolio that they will consider Owner Financing for all 6 properties.

FOR SALE DETAILS

PRICE

$925,000 USD

PRICE/SF

$142 USD /SF

# OF UNITS

15

PRICE/UNIT

$61,667

CAP RATE

4.48%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1921

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.58 AC

LAND SF

155,727 SF

ZONING

COMMERCIAL

APN/PARCEL ID

07-02.00-069

ASK ABOUT THIS PROPERTY

Michelle StrangeBerkshire Hathaway HomeServices Hodrick RealtyMore Info
570-321-7000

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Michelle StrangeBerkshire Hathaway HomeServices Hodrick RealtyMore Info
570-321-7000

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