117-119 S Lloyd Street
Altoona, PA 16602
PRICE: $1,950,000
Active | MLS# ag-79403
0.09 Acres
The Details
This 37 unit portfolio includes 5 multi family rental brick buildings and one commercial restaurant(currently unoccupied). Annual Cash flow a year is $288,708 and after expenses it comes out to $143,891. Addresses include the following: 117-119 Lloyd St Altoona Pa: 12 unit 110 Lloyd St Altoona Pa: 6 unit 214/216 Lloyd St Altoona Pa: 5 unit 201 E 2nd Ave Altoona Pa: 5 unit 504 26th St Altoona Pa: 9 unit 2525 6th ave Altoona Pa: Restaurant ***Huge potential to maximize profits with this portfolio by separating utilities. (Electric & gas all have separate meters already, current landlord just pays for them.) *** Average rent is 650. Moving rents to market rent would unlock huge potential upside.
Property Overview
| Style | ******** |
| Property Type | Commercial Sale |
| Year Built | 1920 |
| School District | Altoona |
| County | Blair |
| Tax Municipality | Altoona |
| Heat | Natural Gas |
| A/C | None |
| Water | Public |
| Total Taxes | $6,352.56 |
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*All fees are for estimate purposes only.
| Sq. Footages | |
|---|---|
| Apx Total Fin SqFt | 13760 |
| Apx Above Gr Fin SqFt | 13760 |
| Apx Below Gr Fin SqFt | |
| Lot SqFt | 3920.4 |
| Rooms |
|---|
| Assessed Value $332,600 |
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