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    OFF-MARKET
    Commercial real estate

    853 Allegheny Blvd, Franklin, PA 16323

    9,614 SF 0.6 ac lot Built 1982
    Property ID
    US73-3406175
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 5-unit apartment building located at 853 Allegheny Blvd, Franklin, PA 16323. The property boasts a substantial 9,614 square feet of space, situated on a 0.6-acre lot. Built in 1982, this two-story building currently features three functional units, offering immediate income potential. With some renovation, there's the possibility of adding 2-3 more units, significantly increasing the return on investment. The building's construction includes block, wood frame, block, stone, and vinyl siding, topped with a composition roof. The interior features include a wood-burning fireplace, laminate flooring, and a main-level bedroom in at least one unit. Utilities are serviced by public water and sewer. Heating is provided by electric baseboard and forced air systems, while cooling is via room units. Exterior amenities include a paved driveway, a three-car garage, a deck, a patio, a storage shed, and a beautiful outdoor area. The property's APN is 28-014-032W-000. This property offers a unique blend of existing income and significant upside potential, making it an attractive addition to any investment portfolio. The building also benefits from cable TV availability and high-speed internet access. Unit 3 includes a refrigerator. Note that the water expense is listed as $0 and rent inclusions are unknown.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1982
    Total area 9,614 SF
    Lot 0.6 ac (26,136 SF)
    APN 28, 014.-032W.-000
    UPID US73-3406175
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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