For Sale
$699,000

414 Lincoln AveMcDonald, PA 15057

15,000 SF Multifamily Building, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional value-add opportunity presents a three-story, 15,000-square-foot multifamily building located at 414 E Lincoln Ave in McDonald, Pennsylvania. Built in 1945, the property boasts four 100% occupied apartments (three two-bedroom units and one three-bedroom unit), all featuring washer and dryer hookups. Tenants are responsible for all utilities. The building also includes two floors of flexible warehouse/office space totaling 10,000 square feet. The first floor offers 5,000 square feet adaptable to office space (1,500 sq ft) or a 2-bedroom apartment, plus 3,500 sq ft of warehouse space. The lower level comprises an additional 5,000 square feet of warehouse space. Both warehouse areas have a history of rental income ($2,000 and $1,000 per month respectively, currently vacant). The building features convenient drive-in access to the lower and first floors and provides eight on-site parking spaces. Its prime location offers easy access to the Southern Beltway Freeway, making it an attractive investment opportunity. The heating system is boiler radiator. The asking price is $699,000.

Highlights

  • Exceptional value-add multifamily investment opportunity in McDonald, PA.
  • Four 100% occupied apartments plus two floors of flexible warehouse/office space totaling 15,000 square feet.
  • Prime location minutes from the Southern Beltway Freeway.
  • Eight on-site parking spaces.
  • Drive-in access to the lower and first floors.

Property Details for 414 Lincoln Ave

Property type
Apartment buildings
Square Feet
15,000 SF
Year Built
1945
Stories
3

Location Insight

City
McDonald
County
Allegheny
State
Pennsylvania
Latitude
40.37171
Longitude
-80.228263
414 Lincoln Ave, McDonald, Pennsylvania

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414 Lincoln Ave
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