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Jennerstown Motel with Income Potential
For Sale
$550,000

1331 Pitt St, Jennerstown, PA 15547

10-unit motel with additional structures and commercial lot.

Property SizeContact for details
Lot Size4.13 Acres
Days on Market207

Property Features for 1331 Pitt St

General Information

Standard status Active
Lot size 4.13 Acres

Taxes and HOA fees

Annual Taxes $4,875
Listing Agency: HOWARD HANNA BARDELL REALTY SOMERSET
Listed By: Joslyn Bird
Source: Exprealty
Added: Jan 26 Changed: Aug 20 Last Checked: Aug 21 at 10:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HOWARD HANNA BARDELL REALTY SOMERSET

Investment Insights

Based on property information with market context.

This property features a 10-unit motel, offering income potential from multiple units in a single location. In addition to the motel, the property includes an office, an attached home, a single-wide manufactured home, and a pavilion. A spacious yard is also present. Furthermore, a separate commercial lot has been subdivided from the main parcel, presenting an opportunity for future development.

Key Highlights

  • Income generation from 10 separate motel units.
  • Includes an attached home and office.
  • Features a separate, subdivided commercial lot for future development.

Property Analytics

Current Use

Laurel Manor Motel Hotel & Motel

Suggested Use

Top Pick Building Supply Storage Facility (Bike/Boat/Book/etc) Store Grocery & Convenience Store Big Box & Wholesale Store Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

34
Businesses Nearby
Well-served
Demand for This Use

Demographics for 15547, PA

402
Population
267
Households
1.5
Avg Household Size
48
Median Age
5%
College-Educated
98%
High-School Grad
0.7 sq mi
ZIP Area
574
Density / Sq Mi
$61,538
Median Household Income
$48,151
Median Earnings
$858
Median Rent
$203,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Laurel Manor Motel 1331 W Pitt St, Jennerstown, PA 15547
  • Wishing Well Motel 1302 W Pitt St, Boswell, PA 15531

Frequently Asked Questions

What type of property is this?
Motel - 10-unit motel with additional structures and commercial lot.
Where is this motel located?
The property is located at 1331 Pitt St Jennerstown, PA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Income generation from **10 separate motel units**.; Includes an attached home and office.; Features a separate, subdivided commercial lot for future development.
More about this property
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