Building Details

Year Built 1886

Listing Agency: Coldwell Banker Premier

Listed By: Cheryl J McInroy · License #AB068119 Show Phone

Source: Baltimoreharfordhomesforsale

Added: Sep 27 Changed: Oct 1 Last Checked: Oct 1 at 11:41AM

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Investment Insights

Based on property information with market context.

This 6,968-square-foot apartment property has five rental units, a sixth unit close to completion, and space that could accommodate two more apartments. A detached garage sits behind the building and may offer an additional rental use.

The property is at 218 Heritage Rd in Osterburg, Pennsylvania.

Key Highlights

• 5 rental units currently in place
• A sixth apartment unit is nearing completion
• Space for 2 additional apartments

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Storage Facility Grocery & Convenience Store Discount Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6

Residential units

Location Intelligence

Trade Area within ½ mile

21

Businesses Nearby

Explore this area Business Placement

Demographics for 16667, PA

1,368

Population

559

Households

2.4

Avg Household Size

44

Median Age

22%

College-Educated

89%

High-School Grad

18.0 sq mi

ZIP Area

76

Density / Sq Mi

$64,773

Median Household Income

$40,870

Median Earnings

$814

Median Rent

$134,900

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Apartment building - Six potential apartment units and a separate rear garage provide multiple rental spaces.

Where is this apartment building located?

The property is located at 218 Heritage Rd Osterburg, PA.

What is the asking price?

The asking price for this property is $350,000.

What are key features of this property?

This property features: 5 rental units currently in place; A sixth apartment unit is nearing completion; Space for 2 additional apartments