559 6 & Schoonmaker Ave Monessen, PA 15062
- Apartment buildings
- 4,704 SF
- 108.00 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 559 6 & Schoonmaker Ave
- Year built
- 1900
- Lot size
- 108.00 lot acres
- Property size
- 4,704 SF
- Property type
- Apartment buildings
Description
This exceptional investment opportunity presents an 18-unit multifamily property located at 559 6th & Schoonmaker Ave, Monessen, PA 15062, Westmoreland County. The property, built in 1900, boasts a substantial 4,704 square feet of space situated on a generous 108-acre lot. The building comprises a mix of residential and commercial units; the exact breakdown is 5 residential units and 4 commercial units. The asking price for this significant investment is $195,500. Given its size, location, and the potential for increased rental income, this property represents a compelling opportunity for savvy investors seeking a strong return on investment in the Monessen, Pennsylvania market. The property's substantial lot size offers significant potential for future development or expansion, adding further value to this already attractive offering. The building's age presents opportunities for renovation and modernization, allowing an investor to enhance the property's appeal and rental rates. Detailed financial records and further information are available upon request. This is a rare chance to acquire a substantial multifamily property in a growing area. Don't miss this chance to add a valuable asset to your portfolio. Serious inquiries only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Monessen
- County
- Westmoreland
- State
- Pennsylvania
- Longitude
- -79.8894
- Latitude
- 40.1574
