439 Chartiers AveCanonsburg, PA 15317

Property Details for 439 Chartiers Ave

Lot size

0.07 AC

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

090-014-00-03-0015-00

APU

900140003001500

Description

This unique Canonsburg property at 439 Chartiers Avenue presents a compelling investment opportunity, combining commercial and residential uses on a desirable corner lot. The 0.07-acre site houses a commercial space ideally suited for a variety of businesses, offering significant potential for income generation. Currently, the property also includes a separate upstairs apartment with month-to-month tenants, providing an immediate and consistent rental income stream. The apartment boasts its own private entrance, ensuring tenant privacy and convenience. The property's zoning allows for both residential and commercial uses, providing flexibility for future development and adaptation to changing market demands. This dual-use functionality makes it an exceptional investment, allowing an owner to operate a business while simultaneously collecting rental income from the residential unit. The asking price of $125,000 represents a strong value proposition for investors seeking a high-yield property with diverse income streams in a convenient location. This is a rare chance to acquire a property with both immediate income and significant long-term potential. The property's corner lot location offers excellent visibility and accessibility, further enhancing its commercial appeal. Don't miss this chance to own a versatile and profitable investment property in the thriving Canonsburg market.

• CAP approach

  CAP return

  Valuation

  6%

  $571,672

  6.5%

  $527,698

  7%

  $490,005

• Comparable approach

  Method

  Valuation

  Relative Method

  $281,181

  Geo Method

  $281,181

• Alternative Use

  Use

  Valuation

  Residential

  $654,345

  Hospitality

  $599,377

  Educational

  $498,674

  Medical

  $515,824

  Retail

  $775,716

Location Insight

City

Canonsburg

County

Washington

State

Pennsylvania

Latitude

40.2661

Longitude

-80.1752

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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