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10 Chesapeake Street 10 Chesapeake St

6 Unit Block of Flats £397,646 (£66,274/Unit) 4.78% Net Initial Yield Lyndora, PA 16045

EXECUTIVE SUMMARY

6 apartment units plus 1 commercial unit currently rented to the owner’s construction business. They can stay or leave. Apartment rents are BELOW market. This has value add potential. Building is in great shape. Owner can lease back, vacate or is open to selling his buiness separately. For more info on the business please contact the agent. Tax returns available upon request.

PROPERTY FACTS

Price £397,646 Apartment Style Low Rise
Price Per Unit £66,274 Building Class C
Sale Type Investment Lot Size 0.08 AC
Net Initial Yield 4.78% Building Size 9,402 SF
No. Units 6 Average Occupancy 100%
Property Type Multifamily Number of Floors 3
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
 Year Built 1905
Price £397,646
Price Per Unit £66,274
Sale Type Investment
Net Initial Yield 4.78%
No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Low Rise
Building Class C
Lot Size 0.08 AC
Building Size 9,402 SF
Average Occupancy 100%
Number of Floors 3
Year Built 1905

UNIT AMENITIES

  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Window Coverings

SITE AMENITIES

  • 24 Hour Access
  • Walking/Biking Trails
  • Storage Space
  • Public Transportation
  • Walk-Up
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PROPERTY TAXES

Parcel Number 052-37-A224-0000 Improvements Assessment £13,743
Land Assessment £3,894 Total Assessment £17,636

PROPERTY TAXES

Parcel Number
052-37-A224-0000
Land Assessment
£3,894
Improvements Assessment
£13,743
Total Assessment
£17,636

ZONING

Zoning Code Commercial
Commercial
(412) 223-5338

CONTACT

  • Cory J. Hoffman
    Cory J. Hoffman
  • Commercial Real Estate Advisors

  • Listing ID: 33537797

  • Date on Market: 16/10/2024

  • Last Updated:

  • Address: 10 Chesapeake St, Lyndora, PA 16045

The Multifamily Property at 10 Chesapeake St, Lyndora, PA 16045 is currently available for sale. Contact Commercial Real Estate Advisors for more information.

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10 Chesapeake Street | 10 Chesapeake St
(412) 223-5338 x

10 Chesapeake Street | 10 Chesapeake St

Cory J. Hoffman

(412) 223-5338

(412) 223-5338

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