900 Mahantongo St
$595,000
900 Mahantongo St, Pottsville, PA 17901
1920
Year Built
COMMERCIAL
Zoning
Details:
Highlights:
- Days on Market: 117
- Heating: Baseboard - Electric
Description:
7 unit investment property. Gross Rental Income: $86,100 (Projected) Net Operating Income: $69,258 (Projected)
This is a rare opportunity to own a 7-unit, all-brick apartment building with large, well-laid-out units and
substantial upside potential. Five of the seven apartments are currently vacant, giving you a chance to
renovate cosmetically and increase rents significantly as the apartments are large.
Key Highlights:
- Beautiful, classic brick construction
- All units separately metered for electric and water! tenants pay their own utilities
- Electric heat throughout simple, low-maintenance systems
- Clean, coin-operated laundry on-site
- Light cosmetic work needed to push rents to market rate
- Easy-to-manage investment with minimal ongoing maintenance
Currently producing $19,800/year in gross income with projected rents reaching $86,100/year making this a
great value-add for a smart investor.
Location
Gallery
