10 Main-Chesapeake Sts, Twp Of But Nw, PA 16045

$585,000

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List Price
$585,000
Status
ACTIVE
MLS#
WESTPENN-1742200
Acres
0.08
Lot Size
3,297
Region
Twp of But NW

Property Description

An excellent mixed-use investment opportunity awaits at 10 Chesapeake Street in Lyndora. This solid two-story brick building features a street-level commercial storefront that has potential for a single or double along with six residential apartments above, creating multiple income possibilities under one roof. The residential units each offer two bedrooms and one full bath offering separate utilities. Over 50% of the units have been remodeled. 100% fully rented mixed with some longtime tenants make this a solid investment, presenting a clear opportunity for future income growth. The main floor commercial space is presently used by the seller’s construction company and will be available for occupancy at closing, making it ideal for an owner-operator or for leasing to a new tenant. The structure has been well maintained and is in very good condition. With a combination of residential rental income, a flexible commercial component, and a convenient up and coming location close to everyday amenities, this property offers strong upside potential for investors.

Additional Information

Taxes
$3,293
Lot Dimensions
0.0757

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Listing courtesy of BERKSHIRE HATHAWAY THE PREFERRED REALTY.

INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED. Listings courtesy of WEST PENN MULTILIST, INC.