For Sale
$379,900

131 Penn AveRobesonia, PA 19551

3-Unit Apartment Building, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a three-unit apartment building situated at 131 W Penn Ave, Robesonia, PA 19551, within the desirable Conrad Weiser School District. The property boasts a total of 3,158 square feet, spread across two buildings, including a barn/garage, offering significant rental income potential. Each of the three residential units generates substantial monthly rental income: Unit 1 at $1150, Unit 2 at $900, and Unit 3 at $900. Additionally, the barn/garage generates $200 per month in rental income. The asking price is $379,900, translating to approximately $120.30 per square foot and $126,633.33 per unit. The property features a recently installed roof and is mechanically sound, ensuring minimal maintenance costs. This property is ideally suited for both owner-occupants seeking to offset housing costs and investors looking for a strong cash flow. The central location ensures easy tenant acquisition and management. This property is available for individual purchase or as part of a larger package including a 13-unit property with additional amenities. This rare triplex offers a compelling investment opportunity with excellent potential for long-term growth and profitability. The property's strong rental history and desirable location make it an attractive proposition for discerning investors.

Highlights

  • Rare triplex investment opportunity in the desirable Conrad Weiser School District.
  • 3,158 sq ft building with three residential units and a barn/garage.
  • Strong rental income: Unit 1 ($1150/month), Unit 2 ($900/month), Unit 3 ($900/month), Barn/Garage ($200/month).
  • Recently installed roof and mechanically sound, minimizing maintenance costs.
  • Asking price: $379,900 ($120.30/sq ft, $126,633.33/unit).
  • Available for individual purchase or as part of a larger 13-unit property package.

Property Details for 131 Penn Ave

Property type
Apartment buildings
Square Feet
3,158 SF
Buildings
2
Units
3

Location Insight

City
Robesonia
County
Berks
State
Pennsylvania
Latitude
40.3679173
Longitude
-76.1377935
131 Penn Ave, Robesonia, Pennsylvania

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131 Penn Ave
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