Property profile

403 Washington Ave Sellersville, PA 18960

FOR SALE
Apartment buildings
Property ID
US73-1679667
4,000 SF Built 1950
Entity Owned
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Property summary

AI-generated overview

This exceptional 7-unit apartment building presents a compelling investment opportunity in Sellersville, Pennsylvania. Boasting a substantial 4,000 square feet, this three-story building underwent a complete renovation in 2024, exceeding $400,000 in improvements. The property features a mix of unit sizes, including five one-bedroom/one-bathroom units, one two-bedroom/one-bathroom unit, and one spacious three-bedroom/two-bathroom unit. All units are currently 100% occupied with one-year leases, generating a verified gross income of $112,000 and a net operating income (NOI) of $99,453, representing an 8.46% cap rate. Pro forma NOI is projected at $108,000, resulting in a 9.19% pro forma cap rate. Significant upgrades include a new roof, re-pointed brick, over 25 new windows, updated electrical systems, new flooring, fresh paint, brand-new baseboard electric heaters in all units, all-new electric water heaters, and completely remodeled kitchens, bedrooms, living areas, and bathrooms. All units are equipped with newer appliances, some stainless steel. The building sits on a corner lot with a private backyard and ten parking spaces. Located in a desirable residential neighborhood near highways, shopping, a police station, and a church, this property offers a strong combination of location, income, and recent renovations, making it an attractive investment. The property is offered fee simple and has a current Certificate of Occupancy.

Property profile

Verified
Property type Apartment buildings
Year built 1950
Total area 4,000 SF
UPID US73-1679667

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

403 Washington Ave Sellersville, PA 18960
Sellersville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2025
5 recorded transactions
2026
Price N/A
2025
$1.2M
2022
$590,000
2020
Price N/A
2016
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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