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Listed by REALTY ONE GROUP ULTIMATE
$235,000
Est. payment /mo
9,147 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1774570
HOA Y/N No
Year Built 1942
Annual Tax Amount $2,500
Lot Size 9,147 Sqft
Acres 0.21
Property Sub-Type Other
Property Description
Investment opportunity at 830 Midland Avenue in Midland! This versatile multi-unit commercial property offers immediate rental income along with additional potential for its next owner.
The property includes two fully furnished and currently occupied apartments. The second-floor apartment features 2 bedrooms with a lease in place at $1,700 per month, while the first-floor 1-bedroom apartment is occupied by a month-to-month tenant at $1,000 per month, providing $2,700 per month in existing residential rental income.
The main commercial space is currently operated as a beauty salon by the property owner, who plans to retire upon the sale. This gives the new owner the opportunity to continue the space as a salon, lease it to another business, or explore a completely different commercial use.
Additional features include a large two-car detached garage, spacious covered rear deck/porch, and a full walk-out basement offering plenty of additional storage and usable space.
An additional side lot is also included in the sale and currently has interested buyers, giving the new owner the flexibility to retain the additional property or potentially sell it separately.
With $32,400 in annual residential rental income already in place, a commercial space ready for its next chapter, and the added value of a garage and additional lot, this property offers multiple possibilities for an investor, entrepreneur, or owner-occupant.
Also included in the sale parcel 832 and 836.
The property includes two fully furnished and currently occupied apartments. The second-floor apartment features 2 bedrooms with a lease in place at $1,700 per month, while the first-floor 1-bedroom apartment is occupied by a month-to-month tenant at $1,000 per month, providing $2,700 per month in existing residential rental income.
The main commercial space is currently operated as a beauty salon by the property owner, who plans to retire upon the sale. This gives the new owner the opportunity to continue the space as a salon, lease it to another business, or explore a completely different commercial use.
Additional features include a large two-car detached garage, spacious covered rear deck/porch, and a full walk-out basement offering plenty of additional storage and usable space.
An additional side lot is also included in the sale and currently has interested buyers, giving the new owner the flexibility to retain the additional property or potentially sell it separately.
With $32,400 in annual residential rental income already in place, a commercial space ready for its next chapter, and the added value of a garage and additional lot, this property offers multiple possibilities for an investor, entrepreneur, or owner-occupant.
Also included in the sale parcel 832 and 836.
Location
State PA
County Beaver
Area Midland Boro
Zoning C-1
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Total Parking Spaces 2
Building
Structure Type Brick
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