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121 S Main St 7 Unit Apartment Building $1,962,667 CAD ($280,381 CAD/Unit) 8.21% Cap Rate Alburtis, PA 18011

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INVESTMENT HIGHLIGHTS

  • 7 of the 8 units have been completly remodeled.
  • All units metered separately for electric.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $1,962,667 CAD
Price Per Unit $280,381 CAD
Sale Type Investment
Cap Rate 8.21%
Gross Rent Multiplier 10.2
No. Units 7
Property Type Multifamily
Property Subtype
Apartment
  • Office Office Residential
Apartment Style Low-Rise
Building Class B
Lot Size 0.27 AC
Building Size 4,256 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1878/2024
Parking Ratio 0.47/1,000 SF
Zoning C-1 - commercial zoning - specific office space usage.

AMENITIES

UNIT AMENITIES

  • Office

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 3 $1,722 CAD 650
2+1 3 $2,273 CAD 700
3+1 1 $2,410 CAD 750
  • Listing ID: 37132069

  • Date on Market: 2025-08-05

  • Last Updated:

  • Address: 121 S Main St, Alburtis, PA 18011

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