Property Description

9% Cap rate, 20 Student Apartments, 2 Buildings, (4) 4 BR, 2 bath & (16) 2 BR, 1 Bath Units, Well Maintained, New roofs in 2023, built in 2012, one of the newer buildings around the PennWest (Cal U.) campus. These units are less than 2 blocks from the campus making it a high student demand as well as families or individuals seeking a spacious living space. The location is also convenient to restaurants, shopping, & the Mon River Park/Boat Ramp. These Apartments are all equipped with Kitchen Appliances, Washer/Dryer, Vinyl/Laminate Flooring, Aimed at Students as well as commuters. The property offers easy access to major routes such as Rt 43 & Rt 70, facilitating quick travel to nearby areas including Brownsville, Washington, Uniontown, Pittsburgh & Morgantown. In summary, these Apartments boast a rare combination of quality & desirable amenities. it’s convenient location makes it a high sought-after choice for students, tenants & investors. Can be purchased with 456 2nd St. (6 unit).

Features
: Building, Land, Business
: Apartment
Address Map
US
PA
Washington
California
2nd St / 406 Temperance Way
456
0
W80° 6' 41.2''
N40° 4' 4.1''
California
RT 43, L/R ONTO MAIDEN WHICH TURNS INTO WOOD ST, RT ON 2ND ST, BUILDINGS ARE ON THE LEFT.
$33,015
Building and Construction
0.3444
: 22841
: Electricity, Sewer, Water
: Apart

Active

456 2nd St / 406 Temperance Way, California, PA 15419

0 Bedrooms
0 Bathrooms
0.34 Acre
$2,350,000
Listing ID #1648869
Basic Details
Listing Type : For Sale
Listing ID : 1648869
Price : $2,350,000
Bedrooms : 0
Bathrooms : 0
Year Built : 2012
Lot Area : 0.34 Acre
Property Type : Commercial-industrial-business
Status : Active
Agent info
Keller Williams
460 Washington Rd #2, Washington, PA 15301
Contact Agent