1090 Jefferson AveWashington, PA 15301

This exceptional value-add investment opportunity presents a 19-unit apartment building located at 1090 Jefferson Ave, Washington, PA. The property encompasses 36,000 square feet on a 0.68-acre lot. Currently 100% vacant, this Class C building, constructed in 1898, offers significant upside potential. The strong rental market in Washington, PA, presents a lucrative opportunity for investors to capitalize on the demand for rental units. Renovations, including electrical, plumbing, and air conditioning upgrades, are recommended to enhance value and profitability. A rapid lease-up is anticipated following improvements. The property's convenient location near schools, shopping centers, and transportation hubs adds to its appeal, attracting renters seeking convenient access to amenities. The asking price is $500,000, translating to $13.89 per square foot and $26,316 per unit. This represents a compelling investment opportunity in a thriving rental market. The property's size and location make it an attractive prospect for investors seeking to add value and generate strong returns.