605 Saint Clair AveClairton, PA 15025
- Mixed-use properties
- 0.09 AC
Property Details for 605 Saint Clair Ave
- Lot size
- 0.09 AC
- Property type
- Mixed-use properties
- Property subtype
- Retail residential properties
- APN
- 879-G-239
- APU
- 879G239
Description
This exceptional investment opportunity in Clairton, PA, presents a versatile mixed-use property situated on a 0.09-acre lot at 605 Saint Clair. The property comprises a storefront currently leased to a tenant, providing immediate rental income. In addition to the commercial space, the property includes two separate apartments, offering further rental potential and diversification of income streams. A convenient garage is also included, adding to the property's overall utility and potential rental revenue. The exact square footage of the building is not currently available. The property's prime location in Clairton ensures strong tenant demand and potential for future appreciation. This is an ideal investment for those seeking a stable, high-yield portfolio addition with a mix of commercial and residential income streams. The asking price for this attractive property is $149,724. This presents a compelling opportunity to acquire a well-positioned, income-generating asset in a desirable location. Serious inquiries are encouraged to explore this promising investment further. The property is ready for immediate income generation and offers a strong return on investment.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,180,531
- 6.5%
- $1,089,721
- 7%
- $1,011,884
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,239,628
- Geo Method
- $1,239,628
-
Alternative Use
- Use
- Valuation
- Residential
- $1,089,721
- Hospitality
- $998,178
- Educational
- $830,473
- Medical
- $859,034
- Retail
- $1,291,846
Location Insight
- City
- Clairton
- County
- Allegheny
- State
- Pennsylvania
- Latitude
- 40.2936
- Longitude
- -79.8877
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
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