Listed price in listed location currency (USD).
$440,000

640

MLS® PACT2137674

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 4324 sqft
Garage 
Taxes $9,926
Days Active 1
Lot Size 0.13 Acres
Approx. Age 1958
Avg. Price Per Sqft $101
MLS® Number PACT2137674

Property Address: 351 W 1st Ave, PARKESBURG, PA, 19365-1201

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to 351 W. 1st Ave., Parkesburg! Excellent investment opportunity featuring a mixed-use property with four total units—one spacious commercial unit on the first floor and three residential apartments upstairs. Convenient street parking is available nearby. The first-floor commercial space offers approximately 2, 000 sq. ft. with a bright, open layout and plenty of flexibility. The expansive main area can be configured for offices, a reception area, coffee station, or kitchenette. An additional large private room provides an ideal space for a separate office, conference room, or other use. A separate utility/appliance room also offers additional storage space, along with a restroom. The seller has already obtained the permit for the commercial space. With flooring and drywall work still to be completed, the space offers an opportunity for the new owner to finish it to their needs. Once completed, the commercial unit has the potential to generate approximately $1, 800 per month in rental income. Upstairs are three residential apartments: Apartment 1: One bedroom $800; Apartment 2: Two bedrooms $1060; Apartment 3: Two bedrooms $1200 after renovation at seller's expense. All three apartments are currently occupied and generate a combined rental income of approximately $2, 900 per month. Existing leases will transfer with the sale. With established residential rental income plus the potential income from the first-floor commercial space, 351 W. 1st Ave. presents a great opportunity for investors looking to add a mixed-use income-producing property to their portfolio.
MLS® NumberPACT2137674
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1958
Basement
DrivewayOn Street
Garage Spaces
HeatCentral, Natural Gas, Electric
A/CCentral A/C, Electric

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 11, 2026List Date
$440,000List Price
  • Commute

Commute

Starting Address
Destination Address
351 W 1St Ave, Parkesburg, PA

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