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$1,750,000
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Property Description
8-Unit Apartment Building including 6 garages and 10 storage units for Sale - Prime Investment Opportunity in Pen Argyl! Exceptional opportunity to own a well-maintained multifamily property in the heart of Pen Argyl's desirable Slate Belt region. This strong income-producing asset generates a gross annual income of $172,620 with a net operating income of $145,509 and an impressive 8% cap rate, offering excellent long-term cash flow potential and investment stability. The property features eight spacious 2-bedroom, 1-bath apartments with strong rental demand. Several units offer hardwood flooring in the living rooms and bedrooms, adding warmth and character throughout, while many units have been completely remodeled with updated finishes that enhance tenant appeal. Recent capital improvements include a new heating system, new sump pump, and new hot water heater, helping minimize future maintenance costs and providing peace of mind for investors. Owner currently pays heat and hot water, offering added value for residents. Additional income opportunities come from the property's 6 garages and 10 storage units, providing added convenience for tenants and increased revenue potential. A large basement storage area further enhances the property's functionality and appeal. Conveniently located near shopping, schools, and major commuter routes, this turnkey multifamily investment is ideal for both seasoned investors and those looking to expand into the apartment market. Don't miss this outstanding opportunity to own a solid, cash-flowing asset with upside potential in a growing rental market.
Full Property Details
Full Property Details for 435 W Main St
General
- Price: $1,750,000
- Taxes: $8,600
- Status: Active
- Type: Apartment
- Source: Lehigh_Valley
- MLS ID: 777569
- Updated: 6/10/2026
- Added to Site: 21 day(s) ago
Parking
- Garage: Yes
- Parking Features: Detached, Garage, Off Street
Location
- Area: Pen Argyl
- County: Northampton
- Driving Directions: Rt 512 North to Pen Argyl. Right on C street to Main
School Information
- Elem School District: Pen Argyl
- Midd School District: Pen Argyl
- High School District: Pen Argyl
Community
- Home Owners Assn.: Lehigh Valley MLS
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Square Feet: 11,586
- Current Bldg. Use: Multi-Family
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,960
- Lot Size Source: Public Records
- Lot Dimensions: 0.16 Acres
- Frontage: City Street, Other
- Street/Road Desc.: Other
- Zoning: R-7-8-MEDIUM DENSITY RESI
Financial Considerations
- Tax Amount: $8,600.64
Disclosures and Reports
- Property ID: E8NE3A 2 4 0625
Listed by CENTURY 21 Keim Realtors
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Schools
Schools serving 435 W Main St
School District:Pen Argyl Area School District
| Name | Grades | Distance |
|---|---|---|
Wind Gap Middle School 1620 Teels Road, Pen Argyl, PA 18072 | 4-8 | 2.2 mi |
Plainfield El School 539 School Road, Nazareth, PA 18064 | K-3 | 5.3 mi |
Pen Argyl Area High School 501 West Laurel Avenue, Pen Argyl, PA 18072 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 435 W Main St
Date
Details
Price
Change
Source
5/27/2026
Listed
$1,750,000
491.22%
MLS
10/29/2014
Sold
$296,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 435 W Main St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$1,138
—
$105,400
—
2025
$1,138
-87%
$105,400
—
2024
$8,523
—
$105,400
—
2023
$8,523
1%
$105,400
—
2022
$8,417
-1%
$105,400
—
2021
$8,523
—
$105,400
—
2020
$8,523
3%
$105,400
—
2019
$8,304
3%
$105,400
—
2018
$8,025
2%
$105,400
—
2017
$7,872
3%
$105,400
—
2016
$7,634
3%
$105,400
—
2015
$7,386
3%
$105,400
—
2014
$7,147
—
$105,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 435 W Main St
435 W Main Street, Pen Argyl Boro, PA 18072 (MLS# 777569) is a Apartment property. 435 W Main Street is currently listed for $1,750,000 and was received on May 27, 2026. Want to learn more about 435 W Main Street? Do you have questions about finding other Apartment real estate for sale in Pen Argyl Boro? You can browse all Pen Argyl Boro real estate or contact a Coldwell Banker agent to request more information.
