480 N Main Street, Archbald, PA 18403

$550,000
8
BD
7
BA
4,845
SqFt

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List Price
$550,000
Price Change
▼ $39,000 1787696989
MLS#
SC262974
Status
ACTIVE
County
Lackawanna
City
Archbald
Bedrooms
8
Bathrooms
7
Living Area
4,845
Acres
0.09

Property Description

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.

Additional Information

Days on Market
80
Year Built
1930
Stories
2
Parking Spaces
2
School District
Valley View

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Calculator source: Real Geeks

Listing courtesy of EXP Realty LLC.