414 Lincoln Ave, Mc Donald, PA 15057-1366
- Retail residential properties
- 0.17 lot acres
Current Use by Public Records
- Retail residential properties
Property Details for 414 Lincoln Ave
- Lot size
- 0.17 lot acres
- Property type
- Retail residential properties
- APN
- 683-F-349
- APU
- 683F349
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 14, 2022 | — | N F B Properties L L C | N F B Properties L L C | Intrafamily Transfer · related | — |
| Apr 27, 2018 | — | Nfb Properties LLC A Pennsylvania L | — | Deed · related | $300k · First Commonwealth Bank |
| Aug 14, 2017 | $225,000 | N F B Properties LLC | Theodore Kalas | Warranty Deed | — |
Description
This exceptional value-add opportunity presents a three-story, 15,000-square-foot multifamily building located at 414 E Lincoln Ave in McDonald, Pennsylvania. Built in 1945, the property boasts four 100% occupied apartments (three two-bedroom units and one three-bedroom unit), all featuring washer and dryer hookups. Tenants are responsible for all utilities. The building also includes two floors of flexible warehouse/office space totaling 10,000 square feet. The first floor offers 5,000 square feet adaptable to office space (1,500 sq ft) or a 2-bedroom apartment, plus 3,500 sq ft of warehouse space. The lower level comprises an additional 5,000 square feet of warehouse space. Both warehouse areas have a history of rental income ($2,000 and $1,000 per month respectively, currently vacant). The building features convenient drive-in access to the lower and first floors and provides eight on-site parking spaces. Its prime location offers easy access to the Southern Beltway Freeway, making it an attractive investment opportunity. The heating system is boiler radiator. The asking price is $699,000.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Mc Donald
- County
- Allegheny
- State
- Pennsylvania
- Longitude
- -80.2282
- Latitude
- 40.3716
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
