Three-Unit Residential Income
36 North Railroad Street Annville, PA 17003
36 North Railroad Street, Annville, PA, 17003
$375,000
For Sale
$375,000
Three-unit multifamily property includes a detached garage on North Railroad Street in Annville, PA.
Property Size2,627 SF
Price / SF$142.75
Days on Market78
Property Features for 36 North Railroad Street
General Information
- Standard status
- Active
- Size
- 2,627 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1920
Listing agency
NextHome Capital Realty
(717) 383-3755
Listed by
Thomas Ryan Bechtold · License #rs345409
(717) 383-3755
Source
Compass
Added: May 7 Updated: Jul 23 at 2:08AM Checked: Jul 23 at 2:08AM
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 NextHome Capital Realty
Investment Insights
Based on property information with market context.
This three-unit residential income property offers a multi-family layout with three separate units and includes a detached garage. It is listed for sale as a residential income building in Annville.
The property is located at 36 North Railroad Street in Annville, Pennsylvania, within the Annville-Cleona school district, as noted in the listing. The MLS area is identified as Annville Twp (13218).
For buyers evaluating income-producing residential properties, this asset’s configuration centers on three units plus an exterior detached garage, providing an established operating setup for a small multifamily portfolio.
The property is located at 36 North Railroad Street in Annville, Pennsylvania, within the Annville-Cleona school district, as noted in the listing. The MLS area is identified as Annville Twp (13218).
For buyers evaluating income-producing residential properties, this asset’s configuration centers on three units plus an exterior detached garage, providing an established operating setup for a small multifamily portfolio.
Key Highlights
- Three‑unit multifamily property (3 units total)
- Detached garage included
- Built in 1920
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 |
2,627 SF · lease $13.80/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$335.3K
$293.4K – $391.2K
NOI $23,474 @ 7.0% cap · market cap 6.26%
Second Best
Apartment 5plus
$311.6K
$272.7K – $363.6K
NOI $21,815 @ 7.0% cap · market cap 5.82%
Theoretical Best
Office A
$616.6K
$539.5K – $719.4K
NOI $43,163 @ 7.0% cap · market cap 11.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three-unit multifamily property includes a detached garage on North Railroad Street in Annville, PA.
Where is this triplex located?
The property is located at 36 North Railroad Street Annville, PA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Three‑unit multifamily property (3 units total); Detached garage included; Built in 1920
