36 N RAILROAD Street Annville, PA 17003
MULTI_FAMILY - Other - ANNVILLE, PA
Property Features for 36 N RAILROAD Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 4
- Parking features
- Garage - Detached
- Standard status
- Active
- Size
- 2,627 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4327
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1920
- Number of units
- 3
- Building materials
- Brick
- Architectural style
- Other
Listing agent Thomas Ryan Bechtold License #rs345409 (717) 383-3755
Listing office NextHome Capital Realty 2101 Market Street, Camp HIll, PA (717) 409-6500
Listing date May 8, 2026
Copyright © 2026 Bright MLS. 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.
The property is located at 36 N Railroad Street in Annville, Pennsylvania, within Lebanon County. The lot size is listed at 0.18 acres, and the total property size is approximately 2,627 square feet.
The offering is positioned as a straightforward, occupied income property with the added possibility of generating additional rental income from the garage.
Key Highlights
- Brick 3‑unit property built in 1920
- Forced air heating
- Detached garage with possibility to rent the garage
Local Financial Insights For Multifamily LT 5
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 | $36.3k | $13.80 |
| − Vacancy | −$2.7k | −$1.04 |
| EGI | $33.5k | $12.77 |
| − OpEx | −$10.1k | −$3.83 |
| NOI | $23.5k | $8.94 |
