Move-In Ready Multifamily with
462 ELIZABETH STREET Highspire, PA 17034
462 ELIZABETH STREET, Highspire, PA, 17034
$190,000
For Sale
$190,000
Multifamily property featuring a pool, off-street parking, and fenced backyard.
Property Size1,368 SF
Price / SF$138.89
Days on Market370
Property Features for 462 ELIZABETH STREET
General Information
- Standard status
- Active
- Size
- 1,368 SF
- Property subtype
- Condominium
Building Details
- Year Built
- 1988
Listing agency
THE JAMES COMPANY REAL ESTATE BROKERS AND DEVELOPMENT
(717) 507-4150
Listed by
DJ Winter · License #RS274103
(717) 507-4150
Source
Kw
Added: Jul 17, 2025 Updated: Jul 6 at 8:17AM Checked: Jul 19 at 3:20AM
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 THE JAMES COMPANY REAL ESTATE BROKERS AND DEVELOPMENT
Investment Insights
Based on property information with market context.
This multifamily property features three large bedrooms and one and a half bathrooms. It includes a covered deck, a pool, and off-street parking. The property is move-in ready and has a fenced-in backyard. There are lots of closets and storage spaces available. The property size is 1368 square feet.
Key Highlights
- Pool
- Move‑in Ready
- Enjoy 3 Large Bedrooms
Local Financial Insights For Apartment 5plus
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 | $21.5k | $15.72 |
| − Vacancy | −$1.7k | −$1.26 |
| EGI | $19.8k | $14.46 |
| − OpEx | −$8.9k | −$6.51 |
| NOI | $10.9k | $7.95 |
1,368 SF · lease $15.72/SF/yr · vacancy 8.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$155.5K
$136.0K – $181.4K
NOI $10,882 @ 7.0% cap · market cap 5.73%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.52M
$2.20M – $2.94M
NOI $176,369 @ 7.0% cap · market cap 92.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Multifamily properties
Similar For Sale Nearby
FAQs
What type of property is this?
Multifamily property - Multifamily property featuring a pool, off-street parking, and fenced backyard.
Where is this multifamily property located?
The property is located at 462 ELIZABETH STREET Highspire, PA.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Pool; Move‑in Ready; Enjoy **3 Large Bedrooms**
