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$1,750,000

111-121 Locust Street, Ambridge, PA 15003

Contingent #1739383
AmbridgeBeaver County
Apartment0.8 Acres
Properties like this do not come around often. Exceptional opportunity to acquire a well-maintained 26-unit multifamily building offering immediate income and long-term stability. This solid 100% all-brick property features a desirable unit mix of spacious 2- and 3-bedroom apartments, attracting strong tenant demand and consistent occupancy. The property has been thoughtfully updated, with many units renovated to include modern finishes, updated kitchens and baths, new flooring and improved mechanical systems if needed. The building has been professionally maintained and cared for, resulting in a true turnkey investment with reliable performance. Tenants appreciate the larger floor plans, making the property especially attractive to long-term renters and families "” a major factor in minimizing turnover and vacancy. The building is divided in two - both 111 & 121 have 13 units, a laundry room with coin-op for additional income, storage lockers, maintenance rooms. There is a playground and yard space are in the back and plenty of off-street parking out front. Perfect property to acquire to add 26 doors to that portfolio in the emerging market of Ambridge where we are seeing revitalization up and down the town!
Presented ByCosta Real Estate
General Information
For Sale Building
Lot Size 277x54x143x220x144
Taxes $20,839
Zoning C
Exterior Features
Construction Brick
Interior Features
Office Sqft 21,174
Utilities
Utilities Available Electricity, Gas, Sewer, Water

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Listing courtesy of RE/MAX SELECT REALTY

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