16-Unit Apartment
For Sale
Contact for pricing
Pending
47 Baltimore St, Glen Rock, PA 17327
Apartment building with 16 deeded units, individual gas and electric meters, central air, and laundry hookups.
Property Size36,096 SF
Days on Market146
Property Features for 47 Baltimore St
General Information
Standard status
Pending
Size
36,096 SF
Property subtype
Multifamily
Occupancy
100%
Additional Details
Cap Rate
4.3%
Multifamily Units
16
Building Details
Tenancy
Multi
Listing Agency:
RE/MAX Realty Associates
Listed By:
Chris Pirritano · License #PA-RS317161
Source:
Crexi
Added: Apr 12
Changed: Sep 3
Last Checked: Sep 1 at 10:14PM
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 RE/MAX Realty Associates
Investment Insights
Based on property information with market context.
This 16-unit apartment building was previously used as a sewing factory and has been converted into residential units over the years. Each unit is configured with 2 bedrooms and 2.5 baths, except unit 7, which has 1.5 baths. The units are deeded separately and feature individual gas and electric meters, along with central air. Laundry hookups are available in each unit.
The property is offered for sale at 47 Baltimore St in Glen Rock, PA, and is currently reported as 100% occupied with many long-term tenants. A parking lot is also deeded separately with 32+ spaces included in the sale. The public remarks also note a current cap rate of 4.3% and cite additional income improvement opportunities tied to management and rental levels being updated.
The property is offered for sale at 47 Baltimore St in Glen Rock, PA, and is currently reported as 100% occupied with many long-term tenants. A parking lot is also deeded separately with 32+ spaces included in the sale. The public remarks also note a current cap rate of 4.3% and cite additional income improvement opportunities tied to management and rental levels being updated.
Key Highlights
- 16‑unit apartment building with all units under one roof, previously used as a sewing factory and converted to residential
- Each unit is 2 bedrooms and 2.5 baths (unit 7 has 1.5 baths)
- Units are deeded separately, with individual gas and electric meters
Property Analytics
Property Profile
Current Use
Lease Details
16
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
139
Businesses Nearby
Explore this area
Business Placement
Demographics for 17327, PA
7,753
Population
3,341
Households
2.3
Avg Household Size
44
Median Age
29%
College-Educated
91%
High-School Grad
46.2 sq mi
ZIP Area
168
Density / Sq Mi
$100,298
Median Household Income
$49,621
Median Earnings
$1,165
Median Rent
$306,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Apartment building with 16 deeded units, individual gas and electric meters, central air, and laundry hookups.
Where is this apartment building located?
The property is located at 47 Baltimore St Glen Rock, PA.
What are key features of this property?
This property features: 16‑unit apartment building with all units under one roof, previously used as a sewing factory and converted to residential; Each unit is 2 bedrooms and 2.5 baths (unit 7 has 1.5 baths); Units are deeded separately, with individual gas and electric meters
