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30013550
30013549

209 Main St E, Girard, PA 16417 For Sale

JS
PA PA RS.318016, PA
Agresti Real Estate
Listed by Agresti Real Estate
$449,900
142 days on market
Updated 142 days ago

209 E Main Street

Details
APN 23-015-048.0-011.00
Property Type Multifamily
Sub Type Apartment Building
Square Footage 12,408
Units 16
Cap Rate 13.50%
NOI $60,619
Price per SqFt $36
Year Built 1900
Stories 2
Acreage 1.120
Zoning C-1

Multifamily | 13.50% CAP | 16 Units

Marketing description

Introducing the Elk Creek Historical Lodge — a rare 16-unit approved boarding house delivering serious cash flow and a strong 13.5% cap rate with large net income. This income-producing asset features 16 rentable units plus an on-site property manager for streamlined, hands-off operations. Situated on over an acre, the lodge blends historic character with practical upgrades, including industrial-grade kitchen equipment, a spacious common area ideal for group gatherings, two marble fireplaces, updated electrical, a commercial boiler system, and brand-new plumbing in 11 upper units. Ample off-street parking adds convenience, while flexible commercial/residential zoning and a valuable lodge tax exemption further enhance returns. With solid rental history and value-add stability, this is a high-yield investment opportunity you don’t want to miss. Possible owner financing available with 75k down.

Listing Contacts

JS
PA PA RS.318016, PA
Agresti Real Estate
Listed by Agresti Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$60,619.00
$5,051.58/mo

Valuation Metrics

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DSCR
13.47%
Cap Rate
13.47%
ROI

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Additional Information

Name
Jake Scheloske
License
PA RS.318016
Brokerage
Agresti Real Estate
Title
VP of Sales
Brokerage Address
2635 West 26th Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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