Property summary
Exceptional investment opportunity in Blakely, PA! This 4,400 sq ft, two-story building, constructed in 1930, offers three units: a former medical office on the main floor easily convertible into a third apartment, a two-bedroom unit, and a one-bedroom unit. The property boasts ample off-street parking for 13 vehicles, a significant advantage in this highly desirable Valley View School District, known for its consistently high rental demand and low vacancy rates. The building sits on a 0.17-acre lot and is zoned R1. A finished room in the dry basement further enhances the property's potential. The asking price is $272,500, translating to $61.93 per square foot. This presents a rare chance to acquire a multi-unit property with strong rental potential in a sought-after location. The building's history as a medical office provides a unique opportunity for adaptive reuse, while the existing apartments ensure immediate cash flow. Don't miss this chance to capitalize on the high demand for rental properties in this area.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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