Renovated 9-Unit Apartment
For Sale
$595,000
132 E Main Street, Girardville, PA 17935
Residential Income, Girardville, PA
Property Size6,000 SF
Lot Size0.15 Acres
Price / SF$99.17
Days on Market94
Property Features for 132 E Main Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Commercial
Bedrooms
15
Full bathrooms
10
Rooms
Bathroom 2, Bedroom 15, Bathroom 3, Bathroom 6, Bedroom 2, Bedroom 13, Basement, Bedroom 8, Bedroom 1, Bedroom 5, Bathroom 10, Bedroom 12, Bedroom 6, Bathroom 7, Bathroom 5, Bedroom 4, Bathroom 9, Bedroom 3, Bedroom 10, Bathroom 4, Bedroom 11, Bathroom 8, Bedroom 14, Bedroom 9, Bathroom 1, Bedroom 7
Parking features
On Street
Window features
Vinyl Frames
Basement
Full
Appliances
Cooktop, Oven, Refrigerator
Subdivision
Girardville Borough
Standard status
Active
APN
45-07-0096
Size
6,000 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Annual Amount
3000
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Baseboard
Cooling system
Window Unit(s), Ceiling Fan(s)
Water source
Public
Amenities
laundry room
Building Details
Year built
1940
Floors in Building
3
Number of units
9
Flooring type
Hardwood
Building materials
Brick, Stone
Architectural style
Contemporary
Buildings
1
Listing Agency:
Iron Valley Real Estate - Mountainside
Listed By:
Joseph J Salerno · License #RM425551
(570) 243-1999
Added: Aug 5
Changed: Nov 4
Last Checked: Nov 6 at 5:06AM
MLS# PM-143667
Copyright © 2026 Pocono Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This renovated apartment property contains 9 units across 6,000 square feet. The mix includes three one-bedroom apartments, four two-bedroom apartments, one three-bedroom apartment, and a smaller one-bedroom unit that may function as a manager’s office or owner’s suite. Built in 1940, the building has brick and stone construction and sits on a 0.15-acre parcel.
Electric heat serves the apartments, while oil-fired hot-water heat serves the basement, laundry room, and hallways. The property has public water and sewer service. Parking is on street.
Electric heat serves the apartments, while oil-fired hot-water heat serves the basement, laundry room, and hallways. The property has public water and sewer service. Parking is on street.
Key Highlights
- 9 apartments totaling 6,000 square feet
- Unit mix: three one‑bedroom, four two‑bedroom, one three‑bedroom, and one smaller one‑bedroom apartment
- Smaller one‑bedroom unit can be used as a manager’s office or owner’s suite
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,827
Cap Rate
5.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$656,540
$656.5K
Cap Rate 7%
$468,957
$469.0K
Cap Rate 9%
$364,744
$364.7K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$63.4K $10.56/SF
− Vacancy
−$3.7K −$0.61/SF
EGI
$59.7K $9.95/SF
− OpEx
−$26.9K −$4.48/SF
NOI
$32.8K $5.47/SF
Area
Schuylkill County, PA
Vacancy
5.80%
Lease Rate
$10.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$656,540
Cap Rate 7%
$468,957
Cap Rate 9%
$364,744
Alternative Uses
Best Use
Apartment 5plus
$469.0K
$410.3K – $547.1K
NOI $32,827 @ 7.0% cap · market cap 5.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$900.0K
$787.5K – $1.05M
NOI $63,000 @ 7.0% cap · market cap 10.59%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
9
Residential units
Location Intelligence
Trade Area within ½ mile
73
Businesses Nearby
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Business Placement
Demographics for 17935, PA
1,528
Population
951
Households
1.6
Avg Household Size
46
Median Age
8%
College-Educated
85%
High-School Grad
5.7 sq mi
ZIP Area
268
Density / Sq Mi
$45,595
Median Household Income
$25,313
Median Earnings
$613
Median Rent
$44,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Apartments offer varied bedroom layouts, including a smaller unit that can serve as a manager’s office or owner’s suite.
Where is this apartment building located?
The property is located at 132 E Main Street Girardville, PA.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 9 apartments totaling 6,000 square feet; Unit mix: three one‑bedroom, four two‑bedroom, one three‑bedroom, and one smaller one‑bedroom apartment; Smaller one‑bedroom unit can be used as a manager’s office or owner’s suite
