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435 Main Street, 
Pen Argyl Boro, PA 18072

$1,599,000


16

Beds


8

Baths


11,586

Sq Ft


Multi-Family

Active

Listed by

Ira R Gordon

Century 21 Keim Realtors

Last updated:

August 6, 2026, 02:47 PM

MLS#

777741

Source:

PA LVAR

About This Home

435 Main Street

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.

Home Facts

Multi-Family

8 Baths

16 Bedrooms

Built in 1900

Subdivision & Development:

Not in Development

Price Summary

1,599,000

$138 per Sq. Ft.

MLS #:

777741

Last Updated:

August 6, 2026, 02:47 PM

Added:

2 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

16

Bathrooms

Total Bathrooms:

8

Full Bathrooms:

8

Interior

Living Area:

11,586 Sq. Ft.


Structure

Structure

Building Area:

11,586 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

6,960


Finances & Disclosures

Finances

Price:

$1,599,000

Price per Sq. Ft:

$138 per Sq. Ft.

Source:PA LVAR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.