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25817132
25817149

275 Main Street, Saegertown, PA 16433

RK
PA RM421637
$475,000
18 days on market
Updated 18 days ago

Saegertown Rentals, LLC

Details
Property Type Mixed Use, Multifamily
Sub Type Apartment Building, Residential and commercial units
Square Footage 6,510
Net Rentable (SqFt) 6,510
Units 5
Cap Rate 9.75%
NOI $46,334
Occupancy 100%
Tenancy Multi
Lease Type Net
Broker Co-Op Yes
Year Built 1950
Year Renovated 1993, 2017
Buildings 1
Stories 2
Lot Size (SqFt) 0.309
Zoning Commercial
Parking Spaces 15 spaces
Parking per 1,000 SqFt 2.30
Investment Type Net Lease
Occupancy Date 08/06/2025
Ground Lease No

About This Property

Marketing description

Discover a lucrative investment with this well maintained 5-unit, mult-use property situated in a prime, highly visible location in Saegertown. This building features three commercial rentals on the first floor providing excellent visibility and foot traffic for businesses. Second floor features two updated 2-bedroom apartments ideal for attracting quality tenants. All units are currently occupied, each with leases and security deposits, ensuring a steady income stream and peace of mind for the investor. Tenants pay their own heat and electric. There's ample parking for both tenants and customers. Recent improvements include hot water tanks, hardwood flooring in studio and blacktop parking area. The roof was installed in 2017. Studio was added onto by previous owner in 1993. There is a partial basement. This property has lots of potential and will make an excellent investment!

Investment highlights

Great Saegertown location with 2 nice apartments and 3 commercial units all occupied. Lots of parking.

Listing Contacts

RK
PA RM421637

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$46,334.00
$3,861.17/mo

Valuation Metrics

0
DSCR
9.75%
Cap Rate
9.75%
ROI

Map

Zoning

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M-1 IndustrialIndustrial
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Last updated Apr 2, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Richard Kress
License
RB067244
Brokerage
Re/max Hometown Realty
Brokerage Phone
8147249853
Title
Broker of Record
Brokerage Address
369 Chestnut Street, Meadville, PA 16335
Name
Richard Kress
License
RM421637
Brokerage
Remax Hometown Realty
Brokerage Phone
8143331141
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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