480 N Main Street, Archbald, PA 18403

$540,000
Property Type: Residential Income Bedrooms: 8 Baths: 6 Lot Size (sq. ft.): 3,920 Status: Active
Current Price: $540,000 List Date: 6/24/2026 Last Modified: 9/10/2026

Overview

Description

Talk about stability with this fully occupied 6 unit mixed use property producing 76,800 in annual gross income! The building features a long term salon tenant on the commercial level along with five residential apartments offering a desirable mix of one, two, and three bedroom units. Several tenants pay their own electric, helping keep operating costs in check, while recent capital improvements including a new roof in 2021, all units renovated in 2021, and a new furnace in 2025 provide peace of mind for years to come. Whether you're looking to add a strong cash flowing asset to your portfolio or expand your presence in the multifamily market, this property offers immediate income with room for long term appreciation.

Listing Details MLS# SC-262974

General Property Information

Number Of Units Total
6
Bedrooms Total
8
Bathrooms Total
6
Bathrooms Full
7
Above Grade Finished Area
4845
Living Area
4845
Enhanced Accessible
No
Year Built
1930
Year Built Source
Public Records
New Construction YN
No
Garage YN
No
Open Parking Spaces
2
Parking Total
2
Lot Size Acres
0.09
Lot Size Dimensions
62x62
Association YN
Yes
Association Fee Frequency
One Time
Waterfront YN
No
Basement YN
Yes
Stories
2
Auction YN
No
List Price/SqFt
111.46

Property Features

Basement: Unfinished

Contract Information

Listing Contract Date
2026-06-22
Property Sub Type
Multi Family
Listing Agreement
Exclusive Right To Sell
Owner Name
J&H Realty LLC

Location Tax and Legal

Street Number
480
Street Direction Prefix
N
Street Name
Main
Street Suffix
Street
State
PA
Postal Code
18403
County
Lackawanna

Remarks and Miscellaneous

Public Remarks
Talk about stability with this fully occupied 6 unit mixed use property producing 76,800 in annual gross income! The building features a long term salon tenant on the commercial level along with five residential apartments offering a desirable mix of one, two, and three bedroom units. Several tenants pay their own electric, helping keep operating costs in check, while recent capital improvements including a new roof in 2021, all units renovated in 2021, and a new furnace in 2025 provide peace of mind for years to come. Whether you're looking to add a strong cash flowing asset to your portfolio or expand your presence in the multifamily market, this property offers immediate income with room for long term appreciation.
Inclusions
Appliances belonging to owner
Exclusions
Tenants personal items

Status Change Information

Major Change Timestamp
2026-09-10T21:41:47Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-09-10T21:41:47Z
Status Change Timestamp
2026-06-23

More Information

Income and Expenses

Annual Total Expense
76800
Electric Expense
1200
Heat Expense
2320
Insurance Expense
2000
Net Operating Income
65358
New Taxes Expense
5610
Water Expense
2400

Unit 1

Unit #
Yes
Actual Rent
1050
SqFt Total
786
Dining Room YN
No
Kitchen YN
No
Living Room YN
No
Occupied YN
Yes
Unit Remarks
M2M - Salon

Unit 2

Unit #
2
Actual Rent
850
SqFt Total
671
Dining Room YN
No
Kitchen YN
Yes
Living Room YN
Yes
Occupied YN
Yes
Unit Remarks
M2M

Unit 3

Unit #
3
Actual Rent
1050
SqFt Total
1311
Dining Room YN
Yes
Kitchen YN
Yes
Living Room YN
Yes
Occupied YN
Yes
Unit Remarks
M2M

Unit 4

Unit #
4
Actual Rent
1150
SqFt Total
460
Dining Room YN
Yes
Kitchen YN
Yes
Living Room YN
Yes
Occupied YN
Yes
Unit Remarks
M2M

Unit 5

Unit #
5
Actual Rent
850
SqFt Total
493
Dining Room YN
No
Kitchen YN
Yes
Living Room YN
Yes
Occupied YN
Yes
Unit Remarks
M2M

Unit 6

Unit #
6
Actual Rent
1450
SqFt Total
1124
Dining Room YN
Yes
Kitchen YN
Yes
Living Room YN
Yes
Occupied YN
Yes
Unit Remarks
M2M

Unit Details

1 Bedroom
3
2 Bedroom
Yes
3 Bedroom
Yes
Storefront
Yes
Listing Office: EXP Realty LLC
Last Updated: September - 10 - 2026
Information deemed reliable but not guaranteed.