Blairsville Investment Opportunity

102-104 E Market St, Blairsville, PA 15717

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For Sale

$1,400,000

22-unit building with commercial storefronts, value-add potential.

Type:Commercial/Industrial

HighLights

Solid brick building with 22 units and 2 commercial storefronts in the heart of Blairsville.
Value‑add potential through rehabilitation of vacant units to achieve prime market rents.
Features a mix of unit sizes: 4- 1BR, 15- 2BR, 2- 3BR, and 1- 5BR.
14 Occupied units providing immediate cash flow.
Professionally managed building.
On‑site laundry room and plenty of storage.

We can help!

Listing Contact

Ryan Shedlock

Learn more

For Sale

$1,400,000

22-unit building with commercial storefronts, value-add potential.

Type:Commercial/Industrial

Added:: Apr 16, 2024
Days on Market:: 788
Last Refresh:: May 20 at 1:34 am

Property Features for 102-104 E Market St

General Information

Standard status: Active
Property subtype: Commercial/Industrial

We can help!

Listing Contact

Ryan Shedlock

Listing agent Ryan Shedlock

Listing office HOWARD HANNA REAL ESTATE SERVICES

Listing date Apr 16, 2024

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HighLights

Solid brick building with 22 units and 2 commercial storefronts in the heart of Blairsville.
Value‑add potential through rehabilitation of vacant units to achieve prime market rents.
Features a mix of unit sizes: 4- 1BR, 15- 2BR, 2- 3BR, and 1- 5BR.
14 Occupied units providing immediate cash flow.
Professionally managed building.
On‑site laundry room and plenty of storage.

Overview

This solid brick building features 22 units and two commercial storefronts, situated in Blairsville. The property includes 4 one-bedroom units, 15 two-bedroom units, 2 three-bedroom units, and 1 five-bedroom unit. Currently, there are 8 vacant units and 14 occupied units. The main building contains 8 units on the first floor and 8 units on the second floor, with an additional 4 units in the connecting building and 2 units in the rear duplex. The owner is responsible for water, sewage, common gas and electric, and Comcast services. The main building is equipped with electric heat, with 22 separate meters. The two rear units have one gas heater and one furnace, while the side five-bedroom unit has a furnace. There is a single water meter and two water tanks for the building. On-site laundry facilities and ample storage space are available. The property is professionally managed and presents a value-add opportunity through rehabilitation of the remaining units to achieve market rents. The property is suitable for investors seeking cash flow and potential equity growth.

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Local Demand

City: Blairsville
County: Indiana
State: Pennsylvania
Longitude: -79.2626
Latitude: 40.4309

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For sale
Apartment buildings
PA
Blairsville
15717
102-104 E Market St

What type of property is this?

Apartment building - 22-unit building with commercial storefronts, value-add potential.

Where is this apartment building located?

The property is located at 102-104 E Market St Blairsville, PA.

What is the asking price?

The asking price for this property is $1,400,000.

What are key features of this property?

This property features: Solid brick building with 22 units and 2 commercial storefronts in the heart of Blairsville.; Value‑add potential through rehabilitation of vacant units to achieve prime market rents.; Features a mix of unit sizes: 4- 1BR, 15- 2BR, 2- 3BR, and 1- 5BR.