6052 German Rd | 6052 German Rd
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6052 German Rd 6052 German Rd
6 Unit Apartment Building $1,500,000 ($250,000/Unit) Pipersville, PA 18947
INVESTMENT HIGHLIGHTS
- Six Township Permitted residential units
- Custom-built farmhouse teeming with character and charm
- Detached 3-bay oversized garage
- Three tax parcels totaling nearly 13 acres
- Carriage house that contains a three-bedroom apartment
- 100 x 40 foot Pole Barn
EXECUTIVE SUMMARY
Opportunity awaits the savvy investor! There are six, Township Permitted residential units and numerous outbuildings generating steady income with the potential to offer short-term rentals, home occupations, riding stables and horse boarding. Three tax parcels totaling nearly 13 acres are the backdrop for this charming country property. The main house is a custom-built farmhouse teeming with character and charm. Pine floors, hand-crafted cabinetry, deep windowsills, lovely built-ins and millwork, and a stone, walk-in fireplace contribute to the ambiance. There are six bedrooms, three full baths, six fireplaces and main-level laundry. Relax on the front porch or in the delightful courtyard with a pond. Four more units surround the main home (three 1-bedroom units and one studio/pool house unit) each with separate entrances. One of these apartments is ADA Compliant and enjoys outdoor space with a waterfall and koi pond. There is a carriage house that contains a three-bedroom apartment with wood floors. Below is an oversized garage with two bays and rear, covered storage. Additional outbuildings include a 3-bay oversized garage, a 100 x 40 foot pole barn divided into two sections. One section has a concrete floor, heat, a/c, and a powder room. There are more storage structures and parking is plentiful. Most of the infrastructure is on one parcel. There may be development opportunities in addition to the current income producing configuration. There is potential for a significant increase in the current $9000 monthly income. Come see all that this property has to offer.
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
|
| Net Operating Income |
-
|
-
|
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 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS Under Contract
| Price | $1,500,000 | Apartment Style | Single-Family Home |
| Price Per Unit | $250,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 4.46 AC |
| Sale Condition | Bulk/Portfolio Sale | Building Size | 7,588 SF |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1890 |
| Property Subtype | Apartment |
| Price | $1,500,000 |
| Price Per Unit | $250,000 |
| Sale Type | Investment |
| Sale Condition | Bulk/Portfolio Sale |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 4.46 AC |
| Building Size | 7,588 SF |
| No. Stories | 3 |
| Year Built | 1890 |
UNIT AMENITIES
- Air Conditioning
- Microwave
- Kitchen
- Oven
- Tub/Shower
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ZONING
| Zoning Code | RO (RO) |
| RO (RO) |
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6052 German Rd | 6052 German Rd
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