900 MAHANTONGO ST Active

Pottsville,PA 17901

$ 595000

- Bed

- Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PASK2021594

Year Built 1920

Available Date 2025-06-02

Annual Tax Amount $5,612

Tax Year 2024

Lot Size 6,534 Sqft

Property Sub-Type Five Or More Units

Property 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

State PA

County Schuylkill

Area Pottsville (13368)

Zoning COMMERCIAL

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling Window Unit(s)

Inclusions all appliances

Exterior

Garage Spaces 7.0

Water Access N

Building

Sewer Public Septic

Water Public

New Construction N

Schools

Middle Schools D.H.H. Lengel

High Schools Pottsville Area

School District Pottsville Area

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Standard

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