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Listed by COMPASS PENNSYLVANIA, LLC
$550,000
Est. payment /mo
3,049 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1773587
HOA Y/N No
Year Built 1904
Annual Tax Amount $4,800
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type Other
Property Description
For your review is a fully renovated, mixed-use portfolio in Ambridge offering immediate income and long-term stability. The properties are 100% occupied and the portfolio includes four (4) 2-bedroom units, a detached 2-car garage and two (2) commercial spaces. The residential units are updated and well maintained, each with functional layouts and full basements for storage. These updated residential units have AC, a full complement of appliances and individual washer/dryer hook-ups. The commercial spaces provide flexible use potential for office, retail, service or food-related tenants, supporting diversified income streams. Recent updates and newer mechanical systems provide for a low-maintenance investment opportunity. Located near Merchant Street and convenient to public transportation, the property sits in a revitalizing area with strong local demand drivers. The portfolio consists of three (3) parcels, six (6) rental units and two (2) garages which are also currently rented. These properties lease well due to location, condition and amenities. Zoning for 501 Glenwood (parcel #10-003-0317.00) is commercial/miscellaneous services. The parcel includes addresses 411 5th, 501 Glenwood (front and rear) and 503 Glenwood. Zoning for 515 Glenwood (parcel #10-003-0323.000) and 517 Glenwood (parcel #10-003-0324.000) is Residential Single Family Dwelling. Excellent opportunity for investor looking to purchase a portfolio or add to existing.
Location
State PA
County Beaver
Community Public Transportation
Area Ambridge
Zoning MIXED
Rooms
Basement Unfinished
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Parking Features Detached, Garage
Community Features Public Transportation
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Roof Type Asphalt
Total Parking Spaces 2
Garage Yes
Building
Structure Type Brick
Schools
School District Ambridge
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