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Property profile & analytics
OFF-MARKET
Multifamily properties

7 Adams Street Ext Enola, PA 17025

9,027 SF 0.69 ac lot Built 1920
Property ID
Property summary
AI-generated overview

This exceptional ten-unit apartment building presents a compelling investment opportunity in the thriving Enola, PA market. Situated on a sizable 0.69-acre lot at 7 Adams Street, this property boasts 9,027 square feet of living space, comprised of eight two-bedroom units and two three-bedroom units. Each unit features individually metered utilities, simplifying management and maximizing efficiency. The property benefits from a coin-operated laundry facility located in the basement, providing an additional revenue stream. The roof is scheduled for replacement in the spring, ensuring long-term structural integrity. This property offers significant value-add potential. The expansive lot allows for the possibility of expanding parking to accommodate recreational vehicles, boats, or other storage needs, although this requires further investigation. The property's suitability for Section 8 tenants presents a stable income stream. Note that this property may be available as part of a larger package including a thirteen-unit multi-family building (ten residential, three commercial) located at 304 Market Street, Lemoyne, and a three-unit building at 211 Market Street, New Cumberland. Prospective buyers are encouraged to conduct their own due diligence regarding the potential expansion of parking and the availability of the property as part of a larger package. The asking price for this property is $1,200,000.

Property profile
Verified
Property type Multifamily properties
Year built 1920
Total area 9,027 SF
Lot 0.69 ac (30,056 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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