131 Penn Ave Robesonia, PA 19551
- Apartment buildings
- 3,158 SF
Current Use by Public Records
- Apartment buildings
Property Details for 131 Penn Ave
- Property size
- 3,158 SF
- Property type
- Apartment buildings
Description
This exceptional investment opportunity presents a three-unit apartment building situated at 131 W Penn Ave, Robesonia, PA 19551, within the desirable Conrad Weiser School District. The property boasts a total of 3,158 square feet, spread across two buildings, including a barn/garage, offering significant rental income potential. Each of the three residential units generates substantial monthly rental income: Unit 1 at $1150, Unit 2 at $900, and Unit 3 at $900. Additionally, the barn/garage generates $200 per month in rental income. The asking price is $379,900, translating to approximately $120.30 per square foot and $126,633.33 per unit. The property features a recently installed roof and is mechanically sound, ensuring minimal maintenance costs. This property is ideally suited for both owner-occupants seeking to offset housing costs and investors looking for a strong cash flow. The central location ensures easy tenant acquisition and management. This property is available for individual purchase or as part of a larger package including a 13-unit property with additional amenities. This rare triplex offers a compelling investment opportunity with excellent potential for long-term growth and profitability. The property's strong rental history and desirable location make it an attractive proposition for discerning investors.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Robesonia
- County
- Berks
- State
- Pennsylvania
- Longitude
- -76.1378
- Latitude
- 40.3679
