106 Carr St, Nicholson, PA 18446
This exceptional 5,053 square foot mixed-use property in Nicholson, PA, presents a unique investment opportunity. Situated on a 2.32-acre lot, the fully renovated building boasts 13 bedrooms and 17 bathrooms, including two dedicated shower rooms. A significant feature is the existing 10-bed assisted living license, allowing for immediate operation in this capacity. The adaptable design also lends itself to various uses, including residential, congregate care, group homes, or halfway houses. A separate 3-bedroom, 4-bathroom residential wing provides ample living space for owners, staff, or on-site management. The property features attractive landscaping, a grand fountain entrance, and extensive parking. Interior highlights include spacious living areas, a formal dining room, a dedicated office, and two versatile bonus rooms. The property's potential monthly income is estimated at up to $40,000, making it an attractive proposition for investors seeking a turnkey operation with significant upside. This is a rare opportunity to acquire a well-maintained, licensed facility with substantial potential in a desirable location. The property's versatility and existing infrastructure offer a strong foundation for a variety of successful business models.
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The Bridges at Nicholson Personal Care Geriatric Care Provider Nursing Home
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
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.