This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Dunnings Hwy 15033-15045 Dunnings Hwy

7 Unit Apartment Building $529,000 ($75,571/Unit) 5% Cap Rate East Freedom, PA 16637

Investment Highlights

  • Great Tenants
  • Brand new roof on the property
  • No Vacancy

Executive Summary

A 7 unit apartment building with 1 additional trailer home. Main building has 7-1 bedroom units with one trailer having 3 bedrooms,2 baths, and open floor plan. Building has a new roof and siding. An additional double wide is available. Recent tax assessment lowered taxes to $4634. annually. Added a billboard for $1,200. additional yearly income. Fully leased out with long term and reliable tenants. Tenants payments are done automatically through Cobra or Zelle.
Ideal location! On Commercial Rt.220 to Bedford through East Freedom. Close to Walmart in East Freedom. Walmart and Sheetz distribution centers nearby. Located close by to hospital and local surgery center.
Brand new roof installed in October of 2024

Property Facts

Price $529,000
Price Per Unit $75,571
Sale Type Investment
Cap Rate 5%
No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 2.25 AC
Building Size 8,600 SF
Average Occupancy 100%
No. Stories 1
Year Built 1960
Parking Ratio 2.9/1,000 SF

Unit Amenities

  • Air Conditioning

Site Amenities

  • Trash Pickup - Curbside

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 7 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-00011280
Land Assessment
$62,300
Improvements Assessment
$247,800
Total Assessment
$310,100

zoning

Zoning Code Commercial
Commercial
  • Listing ID: 3695710

  • Date on Market: 4/30/2015

  • Last Updated:

  • Address: 15033-15045 Dunnings Hwy, East Freedom, PA 16637

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}