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10 Chesapeake Street 10 Chesapeake St 6 Unit Apartment Building $674,086 CAD ($112,348 CAD/Unit) 5.49% Cap Rate Lyndora, PA 16045
INVESTMENT HIGHLIGHTS
- Building in excellent condition.
- Value add potential.
EXECUTIVE SUMMARY
Presenting a versatile commercial property at 10 Chesapeake Street in Lyndora, PA, this two-story brick building offers a unique investment opportunity. The ground floor features a spacious retail storefront, ideal for various business ventures, while the upper levels house multiple residential units, providing potential for rental income. Situated in a high-visibility area with convenient access to local amenities, this property is perfect for investors or owner-operators seeking a blend of commercial and residential spaces.
6 apartment units plus 1 commercial unit currently rented to the owner’s construction business. Apartments are all 2BR/1BA. Apartment rents are BELOW market. This has value add potential. Building is in great shape. Owner operates his business currently in the first floor space and intends to vacate upon sale. Business is available for sale. For more info on the business please contact the agent. Apartments are separately metered for utilities.
Apartment Rents:
Unit 1 - $550/month
Unit 2 - $500/month
Unit 3 - $650/month
Unit 4 - $575/month
Unit 5 - $690/month
Unit 6 - $480/month
6 apartment units plus 1 commercial unit currently rented to the owner’s construction business. Apartments are all 2BR/1BA. Apartment rents are BELOW market. This has value add potential. Building is in great shape. Owner operates his business currently in the first floor space and intends to vacate upon sale. Business is available for sale. For more info on the business please contact the agent. Apartments are separately metered for utilities.
Apartment Rents:
Unit 1 - $550/month
Unit 2 - $500/month
Unit 3 - $650/month
Unit 4 - $575/month
Unit 5 - $690/month
Unit 6 - $480/month
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Window Coverings
SITE AMENITIES
- 24 Hour Access
- Walking/Biking Trails
- Storage Space
- Public Transportation
- Walk-Up
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 052-37-A224-0000 | Improvements Assessment | $23,820 CAD |
| Land Assessment | $6,749 CAD | Total Assessment | $30,570 CAD |
PROPERTY TAXES
Parcel Number
052-37-A224-0000
Land Assessment
$6,749 CAD
Improvements Assessment
$23,820 CAD
Total Assessment
$30,570 CAD
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Commercial Real Estate Advisors
10 Chesapeake Street | 10 Chesapeake St
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