Elk Creek Historical
For Sale
Contact for pricing
209 Main St E, Girard, PA 16417
16-unit boarding house with 13.5% cap rate.
Property Size12,408 SF
Lot Size1.00 Acre
Price / SF$36.26
Days on Market162
Property Features for 209 Main St E
General Information
Standard status
Active
Size
12,408 SF
Lot size
1.00 Acre
Property subtype
Multifamily
Zoning
C-1
Net Operating Income
$60,619
Building Details
Year Built
1900
Stories
2
Units
16
Listing Agency:
Agresti Real Estate
(814) 449-7973
Listed By:
Jake Scheloske · License #PA RS.318016
Source:
Crexi
Added: Mar 2
Changed: Aug 8
Last Checked: Aug 9 at 8:22AM
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 Agresti Real Estate
Investment Insights
Based on property information with market context.
The Elk Creek Historical Lodge is a 16-unit approved boarding house. This income-producing asset features 16 rentable units and an on-site property manager. Situated on over an acre, the lodge includes industrial-grade kitchen equipment, a spacious common area, and two marble fireplaces. Upgrades include updated electrical, a commercial boiler system, and new plumbing in 11 upper units. Ample off-street parking is available. The property has flexible commercial/residential zoning and a lodge tax exemption. The property size is 12408 square feet.
Key Highlights
- High Cash Flow and Strong 13.5% Cap Rate: a lucrative investment.
- 16 Rentable Units: substantial income‑producing asset.
- On‑Site Property Manager: streamlines operations.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
289
Businesses Nearby
Explore this area
Business Placement
Demographics for 16417, PA
8,109
Population
4,165
Households
1.9
Avg Household Size
45
Median Age
30%
College-Educated
97%
High-School Grad
48.0 sq mi
ZIP Area
169
Density / Sq Mi
$80,410
Median Household Income
$44,722
Median Earnings
$666
Median Rent
$179,900
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 - 16-unit boarding house with 13.5% cap rate.
Where is this apartment building located?
The property is located at 209 Main St E Girard, PA.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: High Cash Flow and Strong 13.5% Cap Rate: a lucrative investment.; 16 Rentable Units: substantial income‑producing asset.; On‑Site Property Manager: streamlines operations.
