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436 S Memorial 436 Memorial Hwy

3 Unit Apartment Building $199,000 ($66,333/Unit) 15.02% Cap Rate Shavertown, PA 18708

Executive Summary

This investment opportunity presents a fully leased mixed-use property boasting a lucrative 12% CAP rate. The property features two spacious apartments along with versatile retail space, offering a diverse income stream. This property has an onsite well and septic along with a newly paved parking lot.

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
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 - 2023) Click Here to Access

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

Property Facts Under Contract

Price $199,000
Price Per Unit $66,333
Sale Type Investment
Cap Rate 15.02%
No. Units 3
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Low Rise
Building Class C
Lot Size 0.51 AC
Building Size 3,000 SF
No. Stories 2
Year Built 1948
Parking Ratio 4.67/1,000 SF

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
35-F9S6-002-001-000
Land Assessment
$49,900 (2024)
Improvements Assessment
$68,400 (2024)
Total Assessment
$118,300 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023

zoning

Zoning Code Commercial
Commercial
  • Listing ID: 31781768

  • Date on Market: 5/13/2024

  • Last Updated:

  • Address: 436 Memorial Hwy, Shavertown, PA 18708

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