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    OFF-MARKET
    Commercial real estate

    343 4 Ave, Sharon, PA 16146

    1.53 ac lot
    Property ID
    US73-4881663
    Property summary
    AI-generated overview

    This exceptional 11-unit single-family home portfolio presents a compelling investment opportunity in the heart of Mercer County, Pennsylvania. Situated on a 1.53-acre lot at 343 4th Ave, Sharon, PA, this property offers a unique blend of immediate income and significant long-term growth potential. Currently, 45% of the units are leased, generating a consistent stream of passive income. The remaining 55% of the units are vacant, providing a substantial value-add opportunity for the new owner. The unit mix offers a diverse range of layouts to cater to various tenant needs. Four units feature two bedrooms and one bathroom, while another four units offer three bedrooms and one bathroom. The remaining three units provide a mix of larger living spaces: one with three bedrooms and two bathrooms, one with five bedrooms and one bathroom, and one with six bedrooms and one bathroom. The vacant units present a canvas for creative renovations, allowing for increased rental income and a significant boost to the overall property value. This property is ideally suited for both seasoned investors looking to expand their portfolio and first-time investors seeking a strong entry point into the real estate market. The property's location in Mercer County offers access to a stable rental market and presents a promising future for long-term appreciation. The asking price is $445,000. This is a rare opportunity to acquire a substantial multifamily portfolio with immediate income and considerable upside potential.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 1.53 ac (66,647 SF)
    UPID US73-4881663
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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