For Sale
$195,500

559 6 & Schoonmaker Ave Monessen, PA 15062

18-Unit Apartment Building, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional investment opportunity presents an 18-unit multifamily property located at 559 6th & Schoonmaker Ave, Monessen, PA 15062, Westmoreland County. The property, built in 1900, boasts a substantial 4,704 square feet of space situated on a generous 108-acre lot. The building comprises a mix of residential and commercial units; the exact breakdown is 5 residential units and 4 commercial units. The asking price for this significant investment is $195,500. Given its size, location, and the potential for increased rental income, this property represents a compelling opportunity for savvy investors seeking a strong return on investment in the Monessen, Pennsylvania market. The property's substantial lot size offers significant potential for future development or expansion, adding further value to this already attractive offering. The building's age presents opportunities for renovation and modernization, allowing an investor to enhance the property's appeal and rental rates. Detailed financial records and further information are available upon request. This is a rare chance to acquire a substantial multifamily property in a growing area. Don't miss this chance to add a valuable asset to your portfolio. Serious inquiries only.

Highlights

  • $195,500 asking price for this multifamily investment opportunity.
  • 18-unit apartment building in Monessen, PA.
  • 4,704 square feet on a 10.8-acre lot.
  • Built in 1900.
  • Located at 559 6th & Schoonmaker Ave, Monessen, PA 15062.

Property Details for 559 6 & Schoonmaker Ave

Property type
Apartment buildings
Square Feet
4,704 SF
Year Built
1900
Lot Size (sq. ft)
4,704,480 SF
Units
18

Location Insight

City
Monessen
County
Westmoreland
State
Pennsylvania
Latitude
40.1573948
Longitude
-79.8894119

FAQs

What type of property is this?
Apartment building - 18-Unit Apartment Building, High Potential
Where is the apartment building located?
The property is located at 559 6 & Schoonmaker Ave Monessen, PA.
What is the asking price?
The asking price for this property is $195,500.
What are key features of this property?
This property features: $195,500 asking price for this multifamily investment opportunity.; 18-unit apartment building in Monessen, PA.; 4,704 square feet on a 10.8-acre lot.
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.
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559 6 & Schoonmaker Ave
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