509 Main StMonongahela, PA 15063

  • Mixed-use properties
  • 0.10 AC
For Sale
$140,000 View listing

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
509 Main St, Monongahela, Pennsylvania

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,980
$13,900
$147,900
$161,800
-
$13,900
$147,900
$161,800

FAQs

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