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    FOR SALE
    Commercial real estate

    403 Washington Ave Sellersville, PA 18960

    4,000 SF Built 1950
    Entity Owned
    Property ID
    US73-1679667
    403 Washington Ave, Sellersville, PA 18960 For Sale 1 / 32
    $1,375,000 4,000 SF
    403 Washington Ave, Sellersville, PA 18960
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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 Commercial real estate
    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
    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
    Lj Hammer LLC
    Lj Hammer LLC
    since 2025
    5 recorded transactions
    2026
    Price N/A
    2025
    $1.2M
    2022
    $590,000
    2020
    Price N/A
    2016
    Price N/A
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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