Desirable unit mixFour-unit residential buildingRear parking lot
Excellent opportunity to acquire a cash-flowing multifamily property in a central city location. The sale includes a four-unit residential building at 220 N. 6th St with a rear parking lot, creating an additional income stream with future expansion potential. The residential building features a desirable unit mix with strong in-place rents: Unit #1: 2 Bedrooms – $900/month Unit #2: 3 Bedrooms – $1,500/month Unit #3: 2 Bedrooms – $1,100/month Unit #4: Studio – Projected $850/month Landlord currently pays gas heat, water, sewer, and trash. The rear parking lot provides steady income with rented spaces at $60 per space per month ($900/month), with potential to create additional parking spaces. Ideal for investors seeking a stabilized asset with diversified income streams, immediate parking revenue, and long-term growth through leasing and expansion. Conveniently located near downtown amenities, public transportation, shopping, dining, and nearby daycare facilities, adding to tenant appeal and long-term rental demand. Schedule your private showing today.
192 days
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60
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2
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Zillow last checked:
Listing updated:
Listed by:
Ana Menendez484-797-0532,
Coldwell Banker Realty6103739900
Source: Bright MLS,MLS#: PABK2067992
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Basement
Area: 0
Heating
Hot Water, Natural Gas
Cooling
None
Appliances
Included: Cooktop, Water Heater, Refrigerator, Electric Water Heater
Features
Attic
Flooring: Laminate, Vinyl
Doors: Double Entry
Basement: Full
Has fireplace: No
Interior area
Total structure area: 9,582
Total interior livable area: 4,791 sqft
Property
Parking
Total spaces: 13
Parking features: Paved, Parking Lot
Accessibility
Accessibility features: None
Features
Exterior features: Balcony
Pool features: None
Lot
Size: 4,791 Square Feet
Features: Downtown
Details
Additional structures: Above Grade, Below Grade
Parcel number: 07530775812559
Zoning: R/C
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Architectural style: Traditional
Property subtype: Townhouse
Materials
Brick, Stone, Mixed, Mixed Plumbing
Foundation: Concrete Perimeter
Roof: Pitched,Shingle
Condition
Average
New construction: No
Year built: 1900
Utilities & green energy
Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Phone, Cable Available