559 Penn Avenue, Mayfield, PA 18433
COMMERCIAL - Mayfield, PA
Property Features for 559 Penn Avenue
General Information
Taxes and HOA fees
Utilities
Amenities
Building Details
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Investment Insights
Based on property information with market context.
Outside, there is a large paved parking lot and an expansive fenced yard for vehicle storage, equipment, inventory, or outdoor work. The layout is designed to allow vehicles to enter and exit from either the street or the parking lot.
The two apartments are separately supported by electric service for each unit, while water service is shared. Apartment 1 is a one-bedroom with tile flooring and a bathroom with a soaker tub and laundry. Apartment 2 offers two bedrooms with vinyl flooring and a full bathroom with laundry. Built in 1981, the building has public water and a composition roof.
Key Highlights
- 0.74‑acre lot with fenced yard and large paved parking lot
- Garage paint booth plus customer reception/office and rear office with half bathroom
- Two apartments above the commercial space: 1‑bedroom and 2‑bedroom layouts
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.9k | $12.60 |
| − Vacancy | −$3.1k | −$0.82 |
| EGI | $44.8k | $11.78 |
| − OpEx | −$13.4k | −$3.53 |
| NOI | $31.3k | $8.25 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 18433, PA
Market
Vacancy Rate% for Industrial in Northeast region
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