6,534 Sqft Lot
6,534 Sqft Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PASK2021594
Year Built 1920
Available Date 2025-06-02
Annual Tax Amount $5,612
Tax Year 2024
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 60.00 x 112.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
7 unit investment property. Gross Rental Income: $86,100 (Projected) Net Operating Income: $69,258 (Projected)
This is a rare opportunity to own a 7-unit, all-brick apartment building with large, well-laid-out units and
substantial upside potential. Five of the seven apartments are currently vacant, giving you a chance to
renovate cosmetically and increase rents significantly as the apartments are large.
Key Highlights:
- Beautiful, classic brick construction
- All units separately metered for electric and water! tenants pay their own utilities
- Electric heat throughout simple, low-maintenance systems
- Clean, coin-operated laundry on-site
- Light cosmetic work needed to push rents to market rate
- Easy-to-manage investment with minimal ongoing maintenance
Currently producing $19,800/year in gross income with projected rents reaching $86,100/year making this a
great value-add for a smart investor.
Location
State PA
County Schuylkill
Area Pottsville (13368)
Zoning COMMERCIAL
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Window Unit(s)
Inclusions all appliances
Heat Source Electric
Exterior
Garage Spaces 7.0
Water Access N
Accessibility 2+ Access Exits
Total Parking Spaces 7
Garage N
Building
Sewer Public Septic
Water Public
New Construction N
Schools
Middle Schools D.H.H. Lengel
High Schools Pottsville Area
School District Pottsville Area
Others
Tax ID 68-34-0267
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Virtual Tour https://www.youtube.com/watch?v=NdrQUpk4Yb0
erin@scarlettgroupproperties.com
8303 Old Leonardtown Rd, Hughesville, MD, 20637, USA