MLS 80747  ·  For sale

$875,000

235 St Joseph Street

Loretto, PA 15940

Sq ft

10,302

Built

0

Exceptional investment opportunity featuring two multi-unit buildings sold together at 224 St. Mary Street and 235 St. Joseph Street in Loretto, PA. The portfolio offers a total of 10 residential units, with five units in each building, conveniently located on the Saint Francis University campus. St, Mary building is configured with two bedrooms, one-and-one-half bathrooms, a kitchen, and a living room, providing an attractive layout for student, faculty, workforce, or traditional residential housing. St. Joseph building is configured with one three bedroom 11.5 bath,, and four 2 bedroom, 1.5 baths, large living room, and kitchen. The St. Joseph Street building contains approximately 5,712 square feet, while the St. Mary Street building contains approximately 4,590 square feet, for a combined total of approximately 10,302 square feet. Buildings feature brick, block, and vinyl construction, shingle roofs, electric baseboard heat, public water, public sewer, and 200-amp electrical service with breakers. Each property provides blacktop parking with space for approximately seven to nine vehicles per building. The St. Joseph Street property also includes a separate utility room for the hot-water tank and space that is used as an office or paid-to-use laundry area. Appliances and certain furnishings located within the units are included with the sale, subject to the terms of the agreement. Tenant-owned personal property is excluded. This offering provides an excellent opportunity for an investor seeking a sizable residential portfolio in a desirable Loretto location. With 10 total units, established rental potential, off-street parking, and proximity to Saint Francis University and community amenities, these properties offer multiple possibilities for continued operation, repositioning, or future income growth. Properties are being sold together as one investment package. Financial information, occupancy details, leases, and additional documentation are available to qualified buyers upon request. Schedule your private tour today10302

Year built

0

County

Cambria

MLS ID

80747

Courtesy of RE/MAX Power Associates

Listed by RE/MAX Power Associates, not by Rail City Realty. It reaches this site through the Allegheny Highland MLS, and Rachel can show it to you and write your offer on it.