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343 4 Ave Sharon, PA 16146

For Sale
$445,000

11-Unit Income Property, High Potential

Description

Added:
Feb 3, 2025
Days on Market:
307
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 Features for 343 4 Ave

General Information

Property type
Other commercial real estate
Lot Size
66,647 SF

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Sharon
County
Mercer
State
Pennsylvania
Longitude
-80.50086
Latitude
41.23777

FAQs

What type of property is this?
Commercial real estate - 11-Unit Income Property, High Potential
Where is this commercial real estate located?
The property is located at 343 4 Ave Sharon, PA.
What is the asking price?
The asking price for this property is $445,000.
More about this property
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