Renovated 8-Unit Apartment
New
For Sale
$699,000
132 E Main Street, Girardville, PA 17935
MULTI_FAMILY - Contemporary - Girardville, PA
Property Size6,000 SF
Lot Size0.15 Acres
Price / SF$116.50
Days on Market2
Property Features for 132 E Main Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Commercial
Bedrooms
14
Full bathrooms
9
Rooms
Bathroom 7, Bedroom 9, Bedroom 6, Bedroom 13, Bathroom 5, Bedroom 7, Bedroom 10, Bathroom 9, Bedroom 8, Bedroom 12, Bathroom 4, Bedroom 1, Bathroom 1, Bedroom 11, Bedroom 3, Bedroom 5, Bedroom 2, Basement, Bedroom 4, Bathroom 8, Bathroom 6, Bathroom 2, Bedroom 14, Bathroom 3
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
Baseboard, Electric (Heating)
Cooling system
Ceiling Fan(s), Window Unit(s)
Water source
Public
Amenities
laundry room
Building Details
Year built
1940
Floors in Building
3
Number of units
8
Flooring type
Hardwood
Building materials
Brick, Stone
Architectural style
Contemporary
Listing Agency:
Iron Valley Real Estate - Mountainside
(570) 243-1999
Listed By:
Joseph J Salerno
(570) 243-1999
Added: Aug 5
Last Checked: Aug 6 at 4:06AM
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.
Investment Insights
Based on property information with market context.
This renovated apartment building contains 8 units within 6,000 square feet on a 0.15-acre parcel. The unit mix includes three one-bedroom apartments, four two-bedroom apartments, and one three-bedroom apartment. Built in 1940, the property features brick and stone construction, hardwood flooring, and a contemporary architectural style. Apartments are equipped with electric heat, while the basement, laundry room, and hallways use oil hot-water heating. Window units and ceiling fans provide cooling, and kitchens include cooktops, ovens, and refrigerators.
Located at 132 E Main Street in Girardville, the property is served by public water and public sewer. The building also includes basement space and shared laundry facilities, supporting the existing multifamily configuration.
Located at 132 E Main Street in Girardville, the property is served by public water and public sewer. The building also includes basement space and shared laundry facilities, supporting the existing multifamily configuration.
Key Highlights
- 8‑unit apartment building with three one‑bedroom, four two‑bedroom, and one three‑bedroom units
- 6,000 square feet on a 0.15‑acre parcel
- Renovated building originally constructed in 1940
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $63.4k | $10.56 |
| − Vacancy | −$3.7k | −$0.61 |
| EGI | $59.7k | $9.95 |
| − OpEx | −$26.9k | −$4.48 |
| NOI | $32.8k | $5.47 |
6,000 SF · lease $10.56/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$469.0K
$410.3K – $547.1K
NOI $32,827 @ 7.0% cap · market cap 4.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$900.0K
$787.5K – $1.05M
NOI $63,000 @ 7.0% cap · market cap 9.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
70
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Renovated multifamily property with varied unit layouts, hardwood flooring, public utilities, and electric apartment heating.
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 $699,000.
What are key features of this property?
This property features: 8‑unit apartment building with three one‑bedroom, four two‑bedroom, and one three‑bedroom units; 6,000 square feet on a 0.15‑acre parcel; Renovated building originally constructed in 1940
