Three-Building Apartment
201-205 211-215 1st St Slatington, PA 18080
New
For Sale
Contact for pricing
Pending
Three multi-unit buildings offer 12 apartments plus a garage for potential additional income.
Days on Market3
Property Features for 201-205 211-215 1st St
General Information
- Standard status
- Pending
- Property subtype
- Multifamily
Listing Agency:
DLP Realty
Listed By:
Don Wenner · License #FL AB067794
Source:
Crexi
Added: Jul 21
Changed: Jul 23
Last Checked: Jul 23 at 11:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DLP Realty
Investment Insights
Based on property information with market context.
This for-sale multifamily portfolio includes three separate multi-unit buildings at 201-205 and 211-215 1st St. The unit mix totals 11 two-bedroom apartments and one three-bedroom carriage house. There is also a garage on site that can be used to generate extra revenue. All utilities except for common area electric and water/sewer are in residents’ names.
One of the three buildings was built about 9 years ago after a fire and is described as one of the nicest apartment buildings in the Slatington market. The portfolio has seen renovations in 5 of the 12 rental units since 2014, including fresh paint, modernized kitchens with new appliances, and new floor coverings. The property is operated as 100% turnkey, with very low turnover and consistent occupancy.
Current performance described in the offering includes 100% occupancy maintained consistently across all three buildings. Monthly revenue is roughly $11,000, including the garage, and the property is noted to have minimal common space that helps keep operating expenses extremely minimal.
One of the three buildings was built about 9 years ago after a fire and is described as one of the nicest apartment buildings in the Slatington market. The portfolio has seen renovations in 5 of the 12 rental units since 2014, including fresh paint, modernized kitchens with new appliances, and new floor coverings. The property is operated as 100% turnkey, with very low turnover and consistent occupancy.
Current performance described in the offering includes 100% occupancy maintained consistently across all three buildings. Monthly revenue is roughly $11,000, including the garage, and the property is noted to have minimal common space that helps keep operating expenses extremely minimal.
Key Highlights
- Multifamily portfolio at 201‑205 and 211‑215 First Street: 3 separate multi‑unit buildings
- Unit mix includes 11 two‑bedroom apartments and 1 three‑bedroom carriage house
- Garage on‑site can generate extra revenue
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Three multi-unit buildings offer 12 apartments plus a garage for potential additional income.
Where is this apartment building located?
The property is located at 201-205 211-215 1st St Slatington, PA.
What are key features of this property?
This property features: Multifamily portfolio at 201‑205 and 211‑215 First Street: 3 separate multi‑unit buildings; Unit mix includes 11 two‑bedroom apartments and 1 three‑bedroom carriage house; Garage on‑site can generate extra revenue
