MLS#PAYK2103740
STATUSACTIVE
PROPERTY TYPECommercial -
SCHOOLSOUTH EASTERN
Property Description
Exceptional investment opportunity in the heart of Stewartstown featuring this fully occupied 10-unit multifamily property located at 3 N Main St. With strong in-place income and significant recent capital improvements, this asset offers both immediate cash flow and long-term stability for investors seeking a turnkey addition to their portfolio. The property has undergone extensive recent renovations, including 5 newly updated kitchens, new flooring throughout multiple units and common areas, and updated appliances. Additional maintenance and system updates include roof inspections and a recently serviced boiler, helping minimize deferred maintenance concerns. Tenants benefit from off-street parking and a convenient in-town location close to local amenities and commuter routes. Current pro forma financials project an annual gross scheduled rent of $124,800 with a 5% vacancy factor, resulting in an effective gross income of approximately $118,560. Operating expenses are estimated at $31,536 annually, producing a projected net operating income of approximately $87,024. A stabilized, income-producing multifamily asset with recent improvements and strong occupancy, this property presents an outstanding opportunity for both seasoned and emerging investors.
Property Features
Property Type: Commercial -
Cooling: None
Fuel Type: Natural Gas
Heating: Steam
Lot Size: 0.23 Acres
Taxes: $5,683
Year Built: 1900
Feature Descriptions
Exterior: Combination
Lot Dimensions: 0.23 Acre(S)
Municipality: STEWARTSTOWN BORO
Parking Notes: Private
Sewer: Public Sewer
Total Garage/Parking Spaces: 10
Water: Public
Local Schools
School District: SOUTH EASTERN
Listed By / Shown By
Listed By
Agency Name: Inch & Co. Real Estate, LLC
Agency Phone: 7179044500
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0400
3 N Main Street | MLS# PAYK2103740
This commercial property located at 3 N Main Street , Stewartstown, PA 17363 is currently listed for sale with an asking price of $950,000. N Main Street is located within the SOUTH EASTERN school district. Search Stewartstown real estate on www.realtymark.net today.