Multi-Family $ 589,000

480 N Main ST

Archbald, PA 18403

  • 7 Baths
    Full Baths: 7
  • 3,920 Lot Size
  • 1930 Year Built
Talk about stability with this fully occupied 6 unit mixed use property producing 76,800 in annual gross income! The building features a long term salon tenant on the commercial level along with five residential apartments offering a desirable mix of one, two, and three bedroom units. Several tenants pay their own electric, helping keep operating costs in check, while recent capital improvements including a new roof in 2021, all units renovated in 2021, and a new furnace in 2025 provide peace of mind for years to come. Whether you're looking to add a strong cash flowing asset to your portfolio or expand your presence in the multifamily market, this property offers immediate income with room for long term appreciation.
Listed by Alexsis McGhee of exp Realty, LLC - Philadelphia

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Multi Family

    Listing Status Active

    Purchase Type For Sale

    Municipality Archbald Borough

    MLS Listing ID PM-142472

    Full Baths 7

    HOA Y/N false

    Year Built 1930

    Annual Tax Amount $5,610

    Tax Year 2026

    Lot Size 3,920 Sqft

    Acres 0.09

    Lot Dimensions 0.09

    Property Sub-Type Multi Family

    Source Pocono Mountains Association of REALTORS®

  • Location

    State PA

    County Lackawanna

    Area 0.09

  • Building

    Story 2

    Water Public

  • Interior

    Inclusions Appliances belonging to seller

  • Exterior

    Garage Spaces 2.0

    View Y/N No

  • Schools

    School District Valley View

  • Others

    Tax ID 09513010024

    Acceptable Financing Cash, Conventional

    Listing Terms Cash, Conventional

    Special Listing Condition Standard

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