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Property profile & analytics
OFF-MARKET
Investment properties

618 Fallowfield Ave Charleroi, PA 15022-1902

0.05 ac lot
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US73-2937171
Property summary
AI-generated overview

This captivating historic storefront building at 618 Fallowfield Ave, Charleroi, PA, presents a unique investment opportunity. The main level features beautiful original hardwood floors and ample space, perfect for a variety of retail or commercial ventures. A separate area on the main level is ideally suited for an additional rental unit, offering flexible income potential. Adding to the income stream, a second-floor rental unit is currently generating revenue. The property also includes a basement offering additional garage space, suitable for storage or as a rentable asset. The 0.05-acre lot ensures convenient access and visibility. This building's blend of historic charm and functional versatility makes it an exceptional choice for investors seeking both commercial and residential income. Its location in a high-traffic area guarantees excellent visibility and accessibility, maximizing its potential for success. The property is priced at $79,000 and offers a compelling combination of established rental income and significant potential for future growth. The building's size is not specified, but the combination of main level retail space, a separate rental area, a second-floor rental unit, and basement storage provides substantial square footage. This property is ready for a new owner to capitalize on its many income-generating possibilities and prime location.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Lot 0.05 ac (2,222 SF)
APN 160-012-00-02-0020-00
UPID US73-2937171
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
High Roller Vacuum LLC · 2 yrs held
High Roller Vacuum LLC
since 2023
Last sale
$32,000
1 recorded transaction
2023
$32,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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