1083 Rte 68 New Brighton, PA 15066-4016
This exceptional investment opportunity presents a 10-unit apartment building situated at 1083 Route 68 in New Brighton, Pennsylvania, 15066. Built in 1973, this property boasts a substantial lot size of 14,375 square feet and is zoned for commercial use, offering significant flexibility and potential for future development. Currently configured as a ten-unit apartment building, each unit is a one-bedroom apartment. The property includes convenient on-site parking for five vehicles. The asking price is $99,900. Its location on a busy road in centrally located New Brighton ensures high visibility and accessibility. The commercial zoning designation opens doors to a variety of potential uses beyond residential, making this a truly versatile investment. With its existing income stream and potential for expansion or repurposing, this property represents a compelling opportunity for savvy investors seeking strong returns in a desirable Pennsylvania market. The property's size and zoning provide a solid foundation for long-term growth and profitability. This is a rare chance to acquire a well-situated multifamily property with significant upside potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.