131 Penn AveRobesonia, PA 19551

Property Details for 131 Penn Ave

Property size (Sq ft)

3,158 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

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.

Location Insight

City

Robesonia

County

Berks

State

Pennsylvania

Latitude

40.3679

Longitude

-76.1378

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