Renovated 11-Unit Apartment
For Sale
Contact for pricing
Pending
408 Lewis Rd, Glen Richey, PA 16837
Renovations are complete for an 11-unit apartment building with all units currently rented.
Property SizeContact for details
Days on Market147
Property Features for 408 Lewis Rd
General Information
Standard status
Pending
Property subtype
Multifamily
Occupancy
100%
Additional Details
Business Included
Yes
Heavy Power
Yes
Multifamily Units
11
Listing Agency:
BHGRE Commercial-GSA Realty
Listed By:
Tommy Songer, P.E., CCIM · License #AB068628
Source:
Crexi
Added: Apr 12
Changed: Aug 21
Last Checked: Sep 4 at 9:31PM
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 BHGRE Commercial-GSA Realty
Investment Insights
Based on property information with market context.
This renovated 11-unit apartment building is being offered for sale with all apartments currently rented. The property’s updates are described as complete, with each unit outfitted with a new heat/air conditioning unit. In addition, the apartment interiors include appliances and cable/dish, and some units include furniture.
The rent-ready setup also includes utilities, with water/sewer and electric covered as part of the provided unit amenities. Common exterior improvements include new decks and a handicap ramp that are described as fairly new.
Electrical upgrades are noted with electrical panels included and a 400-amp service. For further underwriting materials, the seller provides an investment packet and an available appraisal reference upon request.
The rent-ready setup also includes utilities, with water/sewer and electric covered as part of the provided unit amenities. Common exterior improvements include new decks and a handicap ramp that are described as fairly new.
Electrical upgrades are noted with electrical panels included and a 400-amp service. For further underwriting materials, the seller provides an investment packet and an available appraisal reference upon request.
Key Highlights
- 11‑unit apartment building with renovations complete and all apartments currently rented
- Each unit has a new heat/AC unit
- Units include appliances, cable/dish, and some furniture
Property Analytics
Current Use
Lease Details
11
Residential units
100%
Occupancy
Turnkey business
Opportunity
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Explore this area
Business Placement
Demographics for 16837, PA
190
Population
63
Households
3
Avg Household Size
49
Median Age
81%
High-School Grad
0.8 sq mi
ZIP Area
238
Density / Sq Mi
$2,499
Median Earnings
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Renovations are complete for an 11-unit apartment building with all units currently rented.
Where is this apartment building located?
The property is located at 408 Lewis Rd Glen Richey, PA.
What are key features of this property?
This property features: 11‑unit apartment building with renovations complete and all apartments currently rented; Each unit has a new heat/AC unit; Units include appliances, cable/dish, and some furniture
