Prime investment opportunity nestled in the heart of Pen Argyl. Presenting eight spacious 2-bedroom apartments adorned with covered porches, offering a picturesque view overlooking the Pen Argyl Little League fields. This fully occupied property is not just an apartment complex; it's a strategic investment gem. Generating substantial income, it boasts additional revenue streams through nine storage units and six garage bays, maximizing its potential for profit. With a 9% cap rate, this property has proven its worth, showcasing a current net income exceeding $120,000, and the promise of further growth on the horizon. Investors seeking stability and growth will appreciate the steady income flow from the existing tenants and the promising potential for increased returns. Call today to set up a private tour!
PANH2004964
Apartment Building
PEN ARGYL BORO
NORTHAMPTON
1900
<1--
-->
0.16
Acres
Gas Water Heater, Public Water Service
Public Sewer
Loading...
The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
Walk Score
Transit Score
Bike Score
Loading...
Loading...