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.
Archbald is located in Pennsylvania. Archbald, Pennsylvania has a population of 7,295. Archbald is more family-centric than the surrounding county with 30.09% of the households containing married families with children. The county average for households married with children is 24.76%.
The median household income in Archbald, Pennsylvania is $63,080. The median household income for the surrounding county is $58,366 compared to the national median of $69,021. The median age of people living in Archbald is 43.9 years.
The average high temperature in July is 81 degrees, with an average low temperature in January of 15.3 degrees. The average rainfall is approximately 42.3 inches per year, with 53.1 inches of snow per year.
