254-260 Main St Monongahela, PA 15063

Property Details for 254-260 Main St

Lot size

0.14 lot acres

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a meticulously renovated mixed-use property situated at 254-260 W Main St, Monongahela, PA. The property, revitalized in 2018, consists of two interconnected, three-story brick buildings totaling ten residential apartments and three commercial spaces. This prime corner location within the Monongahela business district offers significant visibility and accessibility. The buildings benefit from a rare feature in this area: off-street parking located at the rear of the property. The property's internal configuration allows for seamless management and tenant interaction. A key advantage is the potential for substantial expansion. Two additional spaces are readily adaptable for conversion into residential units, increasing the total number of apartments to fifteen. This value-add opportunity allows for significant future rental income growth. The utilities were thoughtfully separated during the 2018 renovation, simplifying management and cost allocation. The 0.14-acre lot provides ample space for the existing buildings and potential future development. This property is a unique blend of historic charm and modern functionality, making it an ideal investment for discerning buyers seeking a strong return on investment in a thriving community. The asking price is $849,900.

Location Insight

City

Monongahela

County

Washington

State

Pennsylvania

Longitude

-79.9256

Latitude

40.2023