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690 3Rd St Beaver, PA 15009

Retail properties & Spaces Google Maps
0.12 ac lot Built 1890
Entity Owned 3-yr Hold
Estimated value
No estimation on file for this property yet.
Property ID US73-0760916

Property summary

AI-generated overview

This exceptional investment opportunity presents a five-unit multifamily retail building located at 690 3rd Street in Beaver, Pennsylvania. The property sits on a 0.12-acre lot and is offered at $1,450,000. The building's current tenants include a mix of established businesses, adding immediate income potential for the new owner. The unit configuration is diverse, offering a mix of living spaces to cater to a variety of tenants. Specifically, the building comprises one one-bedroom unit with a loft, and two two-bedroom units. The remaining two units are currently occupied by commercial tenants: Grandpa Joe's and a hair salon. All units benefit from convenient on-street parking, a significant advantage in a high-traffic area. This property presents a compelling blend of residential and commercial income streams, making it an attractive investment for those seeking diversification and strong rental returns. The existing tenants provide a stable income base, minimizing vacancy risk and maximizing immediate return on investment. The property's location in Beaver, PA offers easy access to local amenities and transportation routes, further enhancing its appeal to both residents and businesses. This is a rare opportunity to acquire a well-established, multi-unit property with a proven track record of success. Serious inquiries are encouraged to explore this promising investment further. The property is being sold as-is.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1890
Lot 0.12 ac (5,227 SF)
UPID US73-0760916

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Specialty Food Shop Candy Store
  • Paintings Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request

Owner & transaction history

since 2023
7 recorded transactions
2023
Price N/A
2019
Price N/A
2018
Price N/A
2018
Price N/A
2018
Price N/A
2017
$550,000
2016
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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