3411 Versailles AveMckeesport, PA 15132

Property Details for 3411 Versailles Ave

Lot size

0.07 AC

Property type

Retail properties

Property subtype

Turn key restaurants

APN

381-D-114

APU

381D114

Description

This exceptional Mckeesport property presents a unique blend of residential and commercial space, ideal for investors or entrepreneurs seeking a lucrative live-work arrangement or diversified rental income stream. The property encompasses a substantial 1,500 square feet of retail space, perfectly suited for a variety of uses, including a storefront, office, or creative studio. Its prime location ensures high visibility and excellent walk-in potential, maximizing business opportunities. In addition to the commercial space, a spacious 1,100 square foot, four-bedroom, one-bathroom apartment provides comfortable living quarters, currently generating a monthly rental income of $1,100. Further enhancing the income potential is a separate garage, currently leased for $550 per month. Situated on a 0.07-acre lot at 3411 Versailles Ave, Mckeesport, PA, this multi-use property offers unparalleled flexibility. Live in the apartment while operating your business, or maximize rental income by leasing all units. This is a rare opportunity to acquire a versatile property in a desirable location, combining functionality and significant earning potential. The asking price is $85,000. Don't miss this chance to secure a valuable asset with a proven track record of generating income.

• CAP approach

  CAP return

  Valuation

  6%

  $1,049,625

  6.5%

  $968,885

  7%

  $899,679

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,511,546

  Geo Method

  $1,511,546

• Alternative Use

  Use

  Valuation

  Residential

  $817,291

  Hospitality

  $748,634

  Educational

  $622,854

  Medical

  $644,275

  Retail

  $968,885

Location Insight

City

Mckeesport

County

Allegheny

State

Pennsylvania

Latitude

40.3451

Longitude

-79.8371

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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