118 S Pittsburgh St Connellsville, PA 15425
- Office buildings
- 0.05 lot acres
Current Use by Public Records
- Office buildings
Property Details for 118 S Pittsburgh St
- Lot size
- 0.05 lot acres
- Property type
- Office buildings
- APN
- 05-07-0144
- APU
- 5070144
Description
This exceptional mixed-use property at 118 S Pittsburgh Street in Connellsville, PA presents a compelling investment opportunity. Situated on a 0.05-acre lot, the building offers a unique blend of commercial and residential spaces. The ground floor previously housed a medical facility on one side and a residential rental unit on the other, providing immediate income potential upon renovation or lease. The second floor comprises four residential rental units. Three of these units have undergone complete renovations, ensuring immediate occupancy and rental income. The fourth unit presents an opportunity for further renovation and increased rental revenue. The building's versatile layout and established rental history make it an attractive proposition for investors seeking a strong return on investment. The property's location in Connellsville offers convenient access to local amenities and transportation routes. This is a rare chance to acquire a well-positioned mixed-use building with significant upside potential. The existing infrastructure and partially renovated units minimize initial investment requirements, allowing for a quicker path to profitability. Serious inquiries are encouraged to explore this promising investment opportunity further. The asking price is $179,900.
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
- Connellsville
- County
- Fayette
- State
- Pennsylvania
- Longitude
- -79.5893
- Latitude
- 40.0171
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
