984 Jefferson Ave Washington, PA 15301
This exceptional mixed-use investment property presents a compelling opportunity in a prime Washington, Pennsylvania location. Situated at the signalized intersection of Jefferson Avenue and Wylie Avenue, this stabilized asset boasts 24 residential units positioned above four retail tenants, ensuring a consistent income stream. The 0.43-acre lot provides ample space and visibility, capitalizing on its position in one of Washington's busiest intersections. Currently, the property offers a strong foundation for immediate returns, but significant upside potential exists for value-add investors. By leasing vacant spaces and implementing strategic unit upgrades, a new owner can capitalize on market rental rates and substantially increase net operating income (NOI). The existing tenant mix provides a diversified revenue base, mitigating risk and offering stability. This property is ideal for investors seeking a proven performer with considerable room for growth and enhanced profitability through proactive management and modernization. The strategic location and existing infrastructure create a solid foundation for long-term appreciation and consistent cash flow. This is a rare opportunity to acquire a high-yield mixed-use property in a thriving Pennsylvania market. The property's size and location make it an attractive investment for both seasoned and emerging investors seeking a stable and profitable venture.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.