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456 2nd St & 406 Temperance Way California, PA 15419

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Two buildings with 20 apartments near campus.

Type:Multifamily
Added:
Oct 22, 2024
Days on Market:
539
Last Refresh:
Mar 17 at 1:26 pm

Property Features for 456 2nd St & 406 Temperance Way

General Information

Standard status
Active
Property subtype
Multifamily

Building Details

Year Built
2012

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Listing Contact
Mike Podolinsky

Listing agent Mike Podolinsky License #PA RS313127

Listing office Coldwell Banker Commercial NRT Pittsburgh

Listing date Oct 22, 2024

Source Crexi

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 Coldwell Banker Commercial NRT Pittsburgh


Overview

Student Apartments Near Campus

This property features two buildings with a total of 20 apartments, catering to students, families, and individuals. Constructed in 2012 and well-maintained, the property includes (4) 4-bedroom, 2-bath units and (16) 2-bedroom, 1-bath units. Each apartment is equipped with kitchen appliances, a washer and dryer, and vinyl/laminate flooring. New roofs were installed in 2023. Situated less than two blocks from the campus, the location is in high demand among students. It is also convenient to restaurants, shopping, and the Mon River Park/Boat Ramp. The property offers easy access to major routes such as Rt 43 and Rt 70, facilitating quick travel to nearby areas including Brownsville, Washington, Uniontown, Pittsburgh, and Morgantown. The apartments offer a combination of quality and desirable amenities. The location makes it a sought-after choice for students, tenants, and investors. The property can be purchased with an additional 6-unit building at 456 2nd St and a 10-unit building that is not currently on the market, totaling 82 units for sale.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

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City
California
County
Washington
State
Pennsylvania
Longitude
-79.889005
Latitude
40.067924

FAQs

What type of property is this?
Apartment building - Two buildings with 20 apartments near campus.
Where is this apartment building located?
The property is located at 456 2nd St & 406 Temperance Way California, PA.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: High 9% cap rate investment opportunity; 20 student apartments in 2 well‑maintained buildings; Prime location: less than 2 blocks from campus
More about this property
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