242 Wood St California, PA 15419-1038
- Investment properties
- 0.04 lot acres
Sep 13, 2021
Current Use by Public Records
- Amber Terreta's Dance Company / Dance School
Property Details for 242 Wood St
- Lot size
- 0.04 lot acres
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 080-005-00-01-0017-00
- APU
- 800050001001700
Description
This exceptional two-story commercial building at 242 Wood Street in California, Pennsylvania, presents a lucrative turnkey investment opportunity. Situated on a 0.04-acre lot, the property generates income from three separate tenants. The ground floor features a street-level commercial space, currently operating as a dance studio, boasting a full window lobby, a half bathroom, and a large open area with a side exit and high ceilings. Access to a full basement is also available from this space. A separate entrance provides secure access to the upper level, which houses two residential apartments. The first apartment comprises a spacious living room, one bedroom, one full bathroom, an eat-in kitchen with included appliances, and in-unit laundry. The second apartment features an open-concept kitchen and living area, one bedroom, one full bathroom, and also includes all appliances and a washer and dryer. All spaces are currently rented, providing immediate cash flow. The property's convenient location offers easy walking access to all amenities in California, including the University. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable location. The building's versatile layout and strong tenant occupancy make it an ideal investment for both seasoned and new investors seeking a stable and profitable venture.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- California
- County
- Washington
- State
- Pennsylvania
- Longitude
- -79.8897
- Latitude
- 40.0669
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
