405 Jonestown RdJonestown, PA 17038

This well-located Jonestown, PA apartment building presents a compelling investment opportunity. The property, situated at 405 Jonestown Rd, 17038, encompasses a 0.43-acre lot and features a three-story building constructed in 1875, extensively renovated in 1975. The 4,840 square foot building offers six rental units: five one-bedroom apartments and one studio. All units are currently occupied by long-term tenants, providing immediate cash flow and stability. Ample parking is available with 20 spaces on-site. The property is zoned for multi-family use and is offered fee simple, with no ground lease. The asking price is $550,000. This property combines the benefits of a strong rental income stream with the potential for future appreciation in a desirable location. The building's history and recent renovations suggest a solid foundation for continued success. This is a rare opportunity to acquire a well-maintained multi-family property in a thriving community. The property's size and unit mix offer a balanced approach to rental management, making it an attractive investment for both seasoned and new investors. Serious inquiries only.