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    FOR SALE
    Office buildings

    118 S Pittsburgh St Connellsville, PA 15425

    0.05 ac lot
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US73-1784537
    118 S Pittsburgh St, Connellsville, PA 15425 For Sale 1 / 49
    $169,900
    118 S Pittsburgh St, Connellsville, PA 15425
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    Property summary
    AI-generated overview

    This exceptional mixed-use property at 118 S Pittsburgh Street in Connellsville, PA presents a compelling investment opportunity. Situated on a 0.05-acre lot, the building offers a unique blend of commercial and residential spaces. The ground floor previously housed a medical facility on one side and a residential rental unit on the other, providing immediate income potential upon renovation or lease. The second floor comprises four residential rental units. Three of these units have undergone complete renovations, ensuring immediate occupancy and rental income. The fourth unit presents an opportunity for further renovation and increased rental revenue. The building's versatile layout and established rental history make it an attractive proposition for investors seeking a strong return on investment. The property's location in Connellsville offers convenient access to local amenities and transportation routes. This is a rare chance to acquire a well-positioned mixed-use building with significant upside potential. The existing infrastructure and partially renovated units minimize initial investment requirements, allowing for a quicker path to profitability. Serious inquiries are encouraged to explore this promising investment opportunity further. The asking price is $179,900.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Lot 0.05 ac (2,178 SF)
    APN 05-07-0144
    UPID US73-1784537
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Bam Realty LLC · 4 yrs held
    Bam Realty LLC
    since 2022
    Last sale
    $100,000
    1 recorded transaction
    2022
    $100,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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