853 Allegheny Blvd, Franklin, PA 16323
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.