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Renovated 6-Unit Apartment Building
For Sale
Contact for pricing
Pending

52 W Ludlow St, Summit Hill, PA 18250

Brick multifamily property with upgraded interiors, refreshed exterior elements, and a diversified apartment mix.

Property Size6,700 SF
Days on Market133

Property Features for 52 W Ludlow St

General Information

Standard status Pending
Size 6,700 SF
Property subtype Multifamily
Net Operating Income $73,210

Financials

Asking Price $680,000
Cap Rate 10.8%
Gross Income $88,500

Units

Unit Mix 3 x 1BR, 2 x 2BR, 1 x 3BR
Multifamily Units 6

Building Details

Construction brick
Listing Agency: Steel City Realty
Listed By: James Reardon · License #PA RS337438
Source: Crexi
Added: Apr 24 Changed: Aug 31 Last Checked: Sep 1 at 11:55PM

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 Steel City Realty

Investment Insights

Based on property information with market context.

This 6-unit brick apartment building includes three one-bedroom apartments, two two-bedroom apartments, and one three-bedroom apartment. The estimated building area is approximately 6,700 square feet, including common areas. Recent work includes a complete renovation of one apartment, cosmetic improvements in five additional units, bathroom repairs, kitchen updates, GFCI installation, and grounding upgrades. Exterior improvements include replacement siding and 10 new double-pane vinyl windows.

The property is located at 52 W Ludlow Street in Summit Hill, Pennsylvania. Building-wide preparation included removal and capping of former washer/dryer hookups and a deep cleaning of the apartments and common areas. Additional property information identifies an approximate 10.8% cap rate and a unit configuration spanning three bedroom types.

Key Highlights

  • 6‑unit apartment building with 3 one‑bedroom, 2 two‑bedroom, and 1 three‑bedroom apartments
  • Approximately 6,700 sq ft, including common areas
  • Brick construction with replacement siding across the façade

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy Grocery & Convenience Store (Bike/Boat/Book/etc) Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

198
Businesses Nearby

Demographics for 18250, PA

3,046
Population
1,312
Households
2.3
Avg Household Size
43
Median Age
8%
College-Educated
94%
High-School Grad
10.5 sq mi
ZIP Area
290
Density / Sq Mi
$66,685
Median Household Income
$38,981
Median Earnings
$1,172
Median Rent
$99,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Brick multifamily property with upgraded interiors, refreshed exterior elements, and a diversified apartment mix.
Where is this apartment building located?
The property is located at 52 W Ludlow St Summit Hill, PA.
What are key features of this property?
This property features: 6‑unit apartment building with 3 one‑bedroom, 2 two‑bedroom, and 1 three‑bedroom apartments; Approximately 6,700 sq ft, including common areas; Brick construction with replacement siding across the façade
(484) 866-2495 Call to check price and availability
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