3 N MAIN STREETSTEWARTSTOWN, PA 17363




Exceptional investment opportunity in the heart of Stewartstown featuring this fully occupied 10-unit multifamily property located at 3 N Main St. With strong in-place income and significant recent capital improvements, this asset offers both immediate cash flow and long-term stability for investors seeking a turnkey addition to their portfolio. The property has undergone extensive recent renovations, including 5 newly updated kitchens, new flooring throughout multiple units and common areas, and updated appliances. Additional maintenance and system updates include roof inspections and a recently serviced boiler, helping minimize deferred maintenance concerns. Tenants benefit from off-street parking and a convenient in-town location close to local amenities and commuter routes. Current pro forma financials project an annual gross scheduled rent of $124,800 with a 5% vacancy factor, resulting in an effective gross income of approximately $118,560. Operating expenses are estimated at $31,536 annually, producing a projected net operating income of approximately $87,024. A stabilized, income-producing multifamily asset with recent improvements and strong occupancy, this property presents an outstanding opportunity for both seasoned and emerging investors.
| 6 days ago | Listing first seen on site | |
| 6 days ago | Listing updated with changes from the MLS® |
The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.