101 W WATER ST
NEW PHILADELPHIA, PA 17959

$79,000

Sq. Ft.: N/A
Type: Commercial
Listing #PASK2029238
6-Unit Multifamily Value-Add Opportunity. Calling all investors and value-add buyers: this 6-unit multifamily property is priced to move and built for upside. With a unit mix of three 1-bedroom and three 2-bedroom apartments, this full-renovation project offers a rare entry point into multifamily ownership at a fraction of replacement cost. The property needs a complete renovation, making it a strong fit for an experienced rehabber, contractor-investor, or buyer looking to drive appreciation through a full stabilization plan. Once renovated and leased at market rents, the projected gross annual income ranges from approximately $68,400 to $72,000, based on estimated rents of $900/month for the 1-bedroom units and $1,000--$1,100/month for the 2-bedroom units. At an asking price of just $79,900 for six units, this deal offers significant upside for buyers willing to put in the work. Whether you're expanding a rental portfolio or taking on your next ground-up rehab, this property is a compelling opportunity to build equity from day one. The property is being sold as a full renovation/value-add opportunity, ideal for investors comfortable managing a rehab from the ground up. Serious, qualified buyers only.
Listing Courtesy of: LPMG Management Co. (215) 769-5764
Property Features
Location Information
County: SCHUYLKILL-PA
Municipality: NEW PHILADELPHIA BORO
Latitude: 40.72143
Longitude: -76.1196
MLS Area: New Philadelphia Boro (13354)
Directions: GPS
Interior Features
Heating: None
Heating Fuel: Natural Gas
Cooling: None, Electric
Water Heater: Natural Gas
Total Number of Units: 0
Accessibility: None
Exterior Features
Is New Construction: No
Construction: Other
Septic or Sewer: Public Sewer
Has Garage: No
Parking Spaces: 0
Lot Size in Acres: 0.08
Lot Size in Sq. Ft.: 3,485
Zoning: R-3
Building Total Area (Sq. Ft.): 0
Has Waterfront: No
Has Water Access: No
School
School District: SAINT CLAIR AREA
Additional Information
ListDate: 2026-08-27 00:00:00.0
Possession: Immediate
Property Type: COM
Property SubType: Commercial Sale
Year Built: 1925
Status: Active
Tax Year: 2026
Tax Amount: $2,598
Ownership Interest: Fee Simple
Business Type: Other


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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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BRIGHT(MRIS/Trend) data last updated at September 17, 2026, 1:13 AM ET