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853 Allegheny Blvd Franklin, PA 16323

OFF-MARKET Apartment buildings Google Maps
9,614 SF 0.6 ac lot Built 1982
Estimated value
No estimation on file for this property yet.
Property ID US73-3406175

Property summary

AI-generated overview

This exceptional investment opportunity presents a 5-unit apartment building located at 853 Allegheny Blvd, Franklin, PA 16323. The property boasts a substantial 9,614 square feet of space, situated on a 0.6-acre lot. Built in 1982, this two-story building currently features three functional units, offering immediate income potential. With some renovation, there's the possibility of adding 2-3 more units, significantly increasing the return on investment. The building's construction includes block, wood frame, block, stone, and vinyl siding, topped with a composition roof. The interior features include a wood-burning fireplace, laminate flooring, and a main-level bedroom in at least one unit. Utilities are serviced by public water and sewer. Heating is provided by electric baseboard and forced air systems, while cooling is via room units. Exterior amenities include a paved driveway, a three-car garage, a deck, a patio, a storage shed, and a beautiful outdoor area. The property's APN is 28-014-032W-000. This property offers a unique blend of existing income and significant upside potential, making it an attractive addition to any investment portfolio. The building also benefits from cable TV availability and high-speed internet access. Unit 3 includes a refrigerator. Note that the water expense is listed as $0 and rent inclusions are unknown.

Property profile

Verified
Property type Apartment buildings
Year built 1982
Total area 9,614 SF
Lot 0.6 ac (26,136 SF)
UPID US73-3406175

Cap rate & NOI

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

Value estimations

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Owner & transaction history

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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