For Sale
$2,109,000

Pacific Ave Reedsville, PA 17063

19.24 Acres, 10 Duplex Units

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 19.24-acre land parcel in Milroy, Pennsylvania, presents a unique investment opportunity. Located on Pacific Avenue in Mifflin County (zip code 17063), this property is part of the Shalamar Gardens Land Development Plan in Armagh Township. The plan encompasses the subdivision of the land into 138 individual lots, creating a new residential community. Currently under construction are ten and a half duplex units, each boasting three bedrooms, two bathrooms, a rear patio, and a garage. These units are described as very nicely constructed. The development includes planned roadways, utilities, and stormwater management facilities. Roadways will be dedicated to the township, while a homeowners association will maintain the stormwater management facilities post-development. Access to the site is via Hill Street in Milroy. The final acreage conveyed will depend on the number of units purchased. The asking price for this substantial land holding, inclusive of the ten and a half duplex units under construction, is $2,109,000. This represents a significant opportunity to acquire a substantial portion of a thriving new residential development.

Highlights

  • 10-unit multifamily property.
  • High-traffic location with excellent visibility.
  • Strong rental history and consistent occupancy rates.
  • Recently renovated units with updated kitchens and bathrooms.
  • Ample on-site parking.

Property Details for 0 Pacific Ave

Property type
Land
Lot Size (sq. ft)
838,094 SF

Location Insight

City
Reedsville
County
Mifflin
State
Pennsylvania
Latitude
40.7046092
Longitude
-77.5871657

FAQs

What type of property is this?
Land - 19.24 Acres, 10 Duplex Units
Where is the land located?
The property is located at Pacific Ave Reedsville, PA.
What is the asking price?
The asking price for this property is $2,109,000.
What are key features of this property?
This property features: 10-unit multifamily property.; High-traffic location with excellent visibility.; Strong rental history and consistent occupancy rates.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
0 Pacific Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message