504 26th Street
Altoona, PA 16602
PRICE: $700,000
Active | MLS# ag-79668
12 beds
9 full baths
7563 sq ft
0.47 Acres
The Details
Address For Sale: 504 26th Street Altoona Pa 16602 2525 6th Ave Altoona Pa 16602 Exceptional mixed-use investment opportunity featuring a fully occupied 9-unit apartment building alongside a thriving, fully leased restaurant. This income-producing property generates a strong gross annual income of $96,948, with immediate upside potential. One unit in the apartment building is currently utilized as an owner's office and can be easily converted into an additional rental unit to further increase cash flow. Ideally situated next to the rapidly expanding Greystones retirement community, this property benefits from consistent demand and long-term growth potential driven by the area's ongoing development. With stable occupancy, multiple income streams, and value-add opportunity, this is a rare chance to acquire a turnkey asset in a highly desirable and evolving location. 8 tax parcels are included in the sale. 01.06-06..-157.00-000 01.06-06..-156.00-000 01.06-06..-155.00-000 01.06-06..-151.00-000 01.06-06..-152.00-000 01.06-06..-154.00-000 01.06-06..-153.00-000 01.06-06..-149.00-000
Property Overview
| Property Type | Residential |
| Year Built | 1910 |
| School District | Altoona |
| County | Blair |
| Tax Municipality | Blair Township |
| Heat | Hot Water |
| A/C | None |
| Fireplaces | None |
| Water | Public |
| Total Taxes | $5,317.63 |
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*All fees are for estimate purposes only.
| Sq. Footages | |
|---|---|
| Apx Total Fin SqFt | 7563 |
| Apx Above Gr Fin SqFt | 7563 |
| Lot SqFt | 20473.2 |
| Rooms |
|---|
| Bedroom 1 |
| Area None |
| Association Fee $0.00 |
| Zoning Residential |
| Assessed Value $236,100 |
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