690 3Rd St Beaver, PA 15009

Property Details for 690 3Rd St

Year built

1890

Lot size

0.12 lot acres

Property type

Retail properties

Description

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.