$599,000

205 5th Ave, Tarentum, PA 15084

Type

Other

County

Allegheny-North

Lot

0.1 acres

MLS #

1776232

About this home

Income-Producing Tarentum Portfolio | Residential, Commercial and Mixed-Use Properties Acquire a diversified portfolio of well-maintained residential, commercial, and mixed-use properties located throughout Tarentum. The offering includes 335 E. 4th Avenue, 122–124 E. 4th Avenue, 220 E. 4th Avenue, 408 Corbet Street, 1304 Locust Street, 205 E. 5th Avenue, and 616 E. 8th Avenue. The portfolio combines several property types and income sources within one acquisition. The mix includes commercial storefronts, residential rentals, mixed-use buildings, a single-family rental, and a five-unit property containing four residential units and one commercial unit. Nearly all utilities are paid directly by the tenants, helping reduce the owner’s exposure to rising utility costs and supporting predictable operating expenses. This tenant-paid utility structure allows more of the portfolio’s rental income to flow through to the bottom line. Ownership has consistently maintained the buildings and completed numerous capital improvements. The properties have been managed with attention to their long-term condition, functionality, and tenant appeal, limiting deferred maintenance for the next owner. Ample off-street parking is available across the portfolio. The offering also includes a separate side lot that provides additional parking capacity and flexibility. An important feature for a collection of residential and commercial buildings. This portfolio offers established rental income, diversified tenancy, controlled operating expenses, multiple maintained buildings, and several property types in one transaction. It is well suited for a buyer seeking immediate cash flow with the opportunity for continued rent growth and long-term appreciation. Financial information and additional property details are available to qualified buyers. Buyers should independently verify all financial, zoning, and property information.

Courtesy of PIATT SOTHEBY'S INTERNATIONAL REALTY