6-Unit Apartment Complex (MLS 181921) 409 Penn St
6 Unit Apartment Building $421,042 CAD ($70,174 CAD/Unit) Linesville, PA 16424
EXECUTIVE SUMMARY
INVESTMENT OPPORTUNITY -- Featuring 6 rental units in close proximity to restaurants, shopping and only minutes from Pymatuning Reservoir and its many recreational activities. 2 large units per floor, all on city sewer and water. This commercial property has been well-maintained and has had many updates. Large parking area behind the building. Don't miss out on this solid business venture!
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$60,801
|
$8.37
|
| Other Income |
$4,367
|
$0.60
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$65,169
|
$8.97
|
| Taxes |
$4,236
|
$0.58
|
| Operating Expenses |
$39,488
|
$5.43
|
| Total Expenses |
$43,724
|
$6.02
|
| Net Operating Income |
$21,445
|
$2.95
|
PROPERTY FACTS
UNIT AMENITIES
- Washer/Dryer
- Ceiling Fans
- Refrigerator
- Oven
- Porch
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Gas Range
- Walk-Up
1 of 1
PROPERTY TAXES
| Parcel Number | 30-0-014763 | Total Assessment | $46,743 CAD |
| Land Assessment | $1,927 CAD | Annual Taxes | $4,236 CAD ($0.58 CAD/SF) |
| Improvements Assessment | $44,816 CAD | Tax Year | 2024 |
ZONING
| Zoning Code | R-2 (Residential Multi-Family) |
