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$1,599,000
777569 MLS
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.

435 W Main St, Pen Argyl

$1,599,000
16 Beds 8 Baths 777741 MLS
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.

435 Main St, Pen Argyl

$799,500
3 Beds 3 Baths 777497 MLS
Nestled in the prestigious Mary Mountain Estates and located in the Pen Argyl School District, this distinguished all-brick Colonial offers a rare combination of elegance, privacy, and timeless craftsmanship. Encompassing over 3,800+ finished square feet, including the semi-finished lower level, the residence is gracefully situated on more than 2 wooded acres bordering state game lands, providing an unmatched sense of seclusion and natural beauty. A paved driveway leads to the attached 2-car garage with an additional bump-out, ideal for storage or hobby space. A convenient half bath is located on the main level, enhancing everyday functionality for both residents and guests. The outdoor setting is thoughtfully designed for refined entertaining and relaxation, featuring a saltwater in-ground pool with new tiles and coping, brick patio, brick walkway, Trex deck, and multiple sheds, all surrounded by mature landscaping. Inside, the home showcases elevated finishes and enduring quality throughout, including hardwood flooring, solid wood doors, crown molding, recessed lighting, and expansive windows that shower the interiors with natural light. The sophisticated layout includes formal living and dining rooms, a separate office, and a spacious family room anchored by a striking wood-burning brick fireplace. The kitchen blends function and style with granite countertops, tile backsplash, center island, double oven, 2nd dining area, and abundant built-in pantry storage, well-suited for both everyday living and entertaining. The upper-level features 3 generously sized bedrooms and 2 full baths, including a luxurious primary suite with his/her closets, an updated spa-inspired bath, and beautifully tiled walk-in shower. Additional highlights include central air, heat pump with backup oil heat, private first floor laundry room, composite shingle roof, and so much more. This is truly a rare offering of space, privacy, and refined living in a highly desirable estate setting. Call today to schedule your private tour!

595 Walnut Ave, Pen Argyl

$495,000
774302 MLS
Positioned in the heart of Pen Argyl, this former bank building offers a unique opportunity for commercial users seeking character, visibility, and functionality. The property features a solid existing structure with classic architectural elements, high ceilings, and an efficient layout well-suited for a variety of business uses. Ideal for retail, office, medical, financial, or service-oriented tenants, the space provides flexibility to accommodate a range of permitted uses within the General Business District, including professional offices, personal services, and food and beverage establishments. The former banking infrastructure provides a distinctive presence with a prominent entry, open floor areas, and adaptable interior space—well-suited for customer-facing operations or collaborative work environments. The offering is further enhanced by a separate parking lot, delivering valuable off-street parking for employees and customers alike. Located within close proximity to local amenities, this property benefits from strong visibility, walkability, and small-town charm, making it an excellent fit for neighborhood-serving businesses. A compelling opportunity to establish your business in a recognizable, well-located building with built-in character and practical functionality. Listed price is $5/square foot triple net

215 S Robinson Ave, Pen Argyl

$399,900
4 Beds 2 Baths 774081 MLS
Welcome to 16 & 18 E Main Street, an exceptional investment opportunity that checks every box on a savvy investor's wish list. This duplex is fully rented and generating steady rental income from day one of ownership, making it the ultimate turnkey addition to any portfolio. Each unit boasts two bedrooms and one bathroom, offering comfortable living spaces that tenants love and landlords appreciate. But here is where it gets even better — both units feature fully finished attic spaces that add valuable square footage and versatile living areas. Whether tenants use them as home offices, bonus rooms, or creative retreats, these finished attics are a standout feature that sets this property apart from the competition. The financial picture is equally impressive. Tenants pay all utilities, which means your operating costs stay refreshingly low while your returns stay delightfully high. Recent updates throughout the property help minimize maintenance headaches and keep tenants happy for the long haul — a winning combination that any experienced investor can appreciate. Location plays a starring role here as well. Situated in a commuter-friendly area, this duplex attracts reliable tenants who value easy access to major routes and surrounding employment centers. The convenience factor practically markets itself when units become available. Whether you are a seasoned real estate investor expanding your holdings or stepping into the multi-family arena for the first time, this fully rented duplex delivers the income, low overhead, and recent improvements that smart money looks for. Schedule your showing today before this opportunity slips away.

16 E Main St, Pen Argyl

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