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Fully Occupied 5-Unit Apartment Building
For Sale
$300,000

623 Bessemer Avenue, Lyndora, PA 16045

Five residential units are leased and situated within RES-zoned multifamily property.

Property SizeContact for details
Days on Market276

Property Features for 623 Bessemer Avenue

General Information

Standard status Active
Property subtype Multi-Unit / Other
Zoning RES
Occupancy 100%
Net Operating Income $31,615

Additional Details

Gross Income $35,160
Multifamily Units 5

Taxes and HOA fees

Annual Taxes $1,585

Amenities

0.0

Building Details

Year Built 1900
Listing Agency: RE/MAX INFINITY
Listed By: Nicholas Fix · License #RS335524
Source: Compass
Added: Nov 28, 2025 Changed: Aug 30 Last Checked: Aug 30 at 4:02PM

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 INFINITY

Investment Insights

Based on property information with market context.

Located at 623 Bessemer Avenue in Lyndora, this apartment property contains five residential units and was built in 1900. The building is fully occupied, with all units currently leased.

The property carries RES zoning and has maintained consistent tenancy. Its existing five-unit configuration provides an established multifamily operating profile for an investor seeking an occupied residential income property.

Key Highlights

  • Five‑unit apartment property
  • 100% occupied
  • Consistently leased residential units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Dental Office 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

5
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

244
Businesses Nearby

Demographics for 16045, PA

1,195
Population
645
Households
1.9
Avg Household Size
44
Median Age
23%
College-Educated
89%
High-School Grad
0.6 sq mi
ZIP Area
1,992
Density / Sq Mi
$69,750
Median Household Income
$36,023
Median Earnings
$1,060
Median Rent
$118,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Five residential units are leased and situated within RES-zoned multifamily property.
Where is this apartment building located?
The property is located at 623 Bessemer Avenue Lyndora, PA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Five‑unit apartment property; 100% occupied; Consistently leased residential units
More about this property
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