457 2Nd StCalifornia, PA 15419

Property Details for 457 2Nd St

Year built

1900

Lot size

0.13 AC

Property size (Sq ft)

2,976 SF

Property type

Other commercial real estate

APN

080-005-00-01-0006-01

APU

800050001000601

Description

This exceptional investment opportunity presents six meticulously maintained townhomes located at 457 2nd Street in California, Pennsylvania. Built in 2015, these properties are situated less than two blocks from the PennWest (Cal U.) campus, ensuring consistently high occupancy rates. Each unit boasts three bedrooms, two bathrooms, and a two-car garage, providing ample living space for students, families, or individuals. The townhomes are equipped with modern conveniences including all kitchen appliances, washer/dryer hookups, and vinyl/laminate flooring. A new roof was installed in 2023, minimizing future maintenance concerns. The property sits on a 0.13-acre lot and currently enjoys 100% occupancy, generating a strong 9% capitalization rate. Its prime location offers easy access to local amenities such as restaurants, shopping, and Mon River Park/Boat Ramp. Convenient access to major routes like Rt 43 and Rt 70 provides quick commutes to Brownsville, Washington, Uniontown, Pittsburgh, and Morgantown. This property represents a rare blend of quality construction, desirable features, and a highly sought-after location, making it an ideal investment for both seasoned and aspiring real estate investors. The property is also available for purchase in conjunction with a separate 20-unit property located at 457 2nd St/406 Temperance Way. The asking price for this six-unit townhome complex is $720,000.

• Alternative Use

  Use

  Valuation

  Residential

  $810,752

  Hospitality

  $742,645

  Educational

  $617,872

  Medical

  $639,121

  Retail

  $961,134

Location Insight

City

California

County

Washington

State

Pennsylvania

Latitude

40.0672

Longitude

-79.8887

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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