414 Lincoln Ave Mc Donald, PA 15057-1366

Property Details for 414 Lincoln Ave

Lot size

0.17 lot acres

Property type

Retail residential properties

APN

683-F-349

APU

683F349

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.