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1102-1104 Philadelphia St 15 Unit Apartment Building $806,867 CAD ($53,791 CAD/Unit) 7.10% Cap Rate Indiana, PA 15701
Investment Highlights
- All electric building, all units are separate
- Landlord pays electric in certain units
- Brick exterior and roof both in good visible condition
- Landlord pays water, sewer, trash
- Renovations in 2008 including windows and water heaters
Executive Summary
SVN Three Rivers Commercial Advisors is pleased to present 1100 Philadelphia Ave in Indiana, PA. This is a 15 unit multifamily property located just a few blocks north of the IUP campus. The building is made up of Three studio apartments, One 1-bedroom unit, Six 2-bedroom units, Four 3-bedroom and One 4-bedroom unit. The units are nicely appointed with modern appliances and cabinets.
Property Facts
| Price | $806,867 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $53,791 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.10 AC |
| Cap Rate | 7.10% | Building Size | 8,278 SF |
| No. Units | 15 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | CA - CA zoning in Philadelphia is intended to accommodate a wide range of uses, such as shopping centers and other destination-oriented uses | ||
| Price | $806,867 CAD |
| Price Per Unit | $53,791 CAD |
| Sale Type | Investment |
| Cap Rate | 7.10% |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 8,278 SF |
| No. Stories | 3 |
| Year Built | 1900 |
| Opportunity Zone |
Yes |
| Zoning | CA - CA zoning in Philadelphia is intended to accommodate a wide range of uses, such as shopping centers and other destination-oriented uses |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | - | - |
1 1
Moderately walkable
60/100
Moderately drivable
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 24-002-402 | Improvements Assessment | $391,986 CAD |
| Land Assessment | $57,653 CAD | Total Assessment | $449,639 CAD |
Property Taxes
Parcel Number
24-002-402
Land Assessment
$57,653 CAD
Improvements Assessment
$391,986 CAD
Total Assessment
$449,639 CAD
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1102-1104 Philadelphia St
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