615-617 2nd Street
Cresson, PA 16630
PRICE: $1,100,000
Active | MLS# ag-80862
The Details
Exceptional opportunity to acquire a 17-unit investment portfolio spanning from Cresson to Lilly! This well-maintained portfolio offers strong in-place cash flow with additional upside through several value-add opportunities to further increase revenue. The offering includes 615 2nd Street, Cresson (single-family home that was purchased for additional parking), 617 2nd Street, Cresson (7-unit apartment building), 322 Railroad Street, Lilly (4-unit building), 315 Main Street, Lilly (3-unit building), and 336 Railroad Street, Lilly (2-unit building). The three Lilly properties are conveniently located adjacent to one another, creating efficient ownership and management. Several units have been recently renovated, and the portfolio has been well cared for throughout. Whether you're looking to expand an existing portfolio or acquire a turnkey, income-producing investment with future upside, this is a rare opportunity you won't want to miss. Call today for financial information and to schedule your private tour!
Property Overview
| Style | ******** |
| Property Type | Residential Income |
| Year Built | 9999 |
| School District | Penn Cambria |
| County | Cambria |
| Tax Municipality | Cresson Borough |
| Heat | Other |
| A/C | Other |
| Fireplaces | None |
| Water | Public |
| Total Taxes | $6,360.00 |
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*All fees are for estimate purposes only.
| Sq. Footages | |
|---|---|
| Apx Below Gr Fin SqFt | |
| Lot SqFt |
| Rooms |
|---|
| Area None |
| Association Fee $ |
| Assessed Value $56,490 |
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