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Listed by Alexsis McGhee exp Realty, LLC - Philadelphia
$589,000
Est. payment /mo
7 Baths
3,920 Sqft Lot
Price Dropped by $26K
480 N Main ST Archbald, PA 18403
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Municipality Archbald Borough
MLS Listing ID PM-142472
Full Baths 7
HOA Y/N false
Year Built 1930
Annual Tax Amount $5,610
Tax Year 2026
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 0.09
Property Sub-Type Multi Family
Source Pocono Mountains Association of REALTORS®
Property Description
Talk about stability with this fully occupied 6 unit mixed use property producing 76,800 in annual gross income! The building features a long term salon tenant on the commercial level along with five residential apartments offering a desirable mix of one, two, and three bedroom units. Several tenants pay their own electric, helping keep operating costs in check, while recent capital improvements including a new roof in 2021, all units renovated in 2021, and a new furnace in 2025 provide peace of mind for years to come. Whether you're looking to add a strong cash flowing asset to your portfolio or expand your presence in the multifamily market, this property offers immediate income with room for long term appreciation.
Location
State PA
County Lackawanna
Area 0.09
Interior
Inclusions Appliances belonging to seller
Exterior
Garage Spaces 2.0
View Y/N No
Building
Story 2
Water Public
Schools
School District Valley View
Others
Tax ID 09513010024
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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