Remarks

Presenting a compelling investment opportunity in Philipsburg, PA. This mixed-use property spans a total of 14,515 SF, including 6,925 SF across eight residential units and 7,590 SF of commercial storefront space, providing multiple income-generating opportunities. Centrally located in the town of Phillipsburg, this building is close to essential amenities, including public transportation, grocery stores, and a local park. A nearby off-street parking lot accommodating 12+ vehicles adds significant value for both tenants and customers. This property offers substantial upside potential for investors willing to complete renovations and capitalize on the building's full capabilities. All residential units have been recently renovated, and the spacious commercial area presents unlimited potential. Currently, 6 out of the 8 units are leased, Gross Rental income: $57,360. Philipsburg boasts a notably low property tax burden compared to surrounding areas, and the mixed-use nature of this property allows for flexibility in tenant mix and income diversification. Schedule your showing today!

Details

MLS#: PACE2515186
Price: $625,000

Year Built: 1938

County: CENTRE
Tax Fee: 4685

School District: PHILIPSBURG-OSCEOLA AREA