509 Main StMonongahela, PA 15063
- Mixed-use properties
- 0.10 AC
Property Details for 509 Main St
- Lot size
- 0.10 AC
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 440-005-00-01-0019-00
- APU
- 4400050001001900
Description
This exceptional mixed-use property at 509 W Main St, Monongahela, PA, presents a lucrative investment opportunity. Situated on a 0.1-acre lot, the building offers significant rental income potential with its diverse layout. The first floor encompasses two separate commercial spaces, each featuring multiple rooms, ideal for a variety of businesses. Above the commercial spaces, the second floor provides a spacious three-bedroom, two-bathroom apartment, while the third floor offers a comfortable two-bedroom, one-bathroom apartment. All units contribute to a strong rental income stream. Adding to the property's appeal is a large, two-car garage equipped with forced-air heating, along with a convenient carport. The property is zoned Mixed-Use, opening doors to a wide range of possibilities and future development potential. This versatile property is priced at $140,000 and represents a compelling investment in a thriving community. The combination of commercial and residential units, along with the ample parking, makes this a truly unique and attractive offering. Don't miss this chance to acquire a property with proven rental income and significant upside. Serious inquiries only.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $995,359
- 6.5%
- $918,793
- 7%
- $853,165
-
Comparable approach
- Method
- Valuation
- Relative Method
- $836,149
- Geo Method
- $836,149
-
Alternative Use
- Use
- Valuation
- Residential
- $1,139,303
- Hospitality
- $1,043,596
- Educational
- $868,259
- Medical
- $898,120
- Retail
- $1,350,625
Location Insight
- City
- Monongahela
- County
- Washington
- State
- Pennsylvania
- Latitude
- 40.2045
- Longitude
- -79.9286
- 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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