502 Walnut Ave, Clairton, PA 15025

$248,000

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List Price
$248,000
Status
PENDING
Days on Market
19
Price Change
▼ $31,999 1785209608
MLS#
WESTPENN-1764076
Subtype
Residential Income
Style
Fourplex
Architectural Style
Fourplex
Lot Size
15,681
Acres
0.36
MLS Area Major
Clairton

Property Description

Now available in the heart of Clairton, this exceptional mixed-use investment opportunity offers the perfect combination of stable cash flow, recent capital improvements, and long-term upside. Situated at 502 Walnut Avenue, this well-maintained five-unit property features one commercial storefront and four residential apartments, providing diversified income streams and reducing overall investment risk. The property has been thoughtfully maintained with numerous major updates already completed, including a newer roof, upgraded mechanical systems, replacement of the exterior sewer line, and updated windows. These significant improvements help minimize future capital expenditures while providing peace of mind for the next owner. Inside, abundant natural light fills both the residential and commercial spaces, creating bright, inviting interiors that appeal to tenants and business occupants alike. Positioned in a highly visible location within Clairton's business district, the property benefits from convenient access to local amenities, major roadways, and the surrounding communities. The commercial storefront enjoys excellent street presence, while the residential units continue to provide reliable rental demand, making this an ideal asset for investors seeking a balanced mix of commercial and residential income. Whether you're looking to expand your portfolio, complete a 1031 exchange, or acquire a cash-flowing asset with value-add potential, 502 Walnut Avenue checks all the boxes. With strong fundamentals, meaningful recent improvements, and multiple revenue sources, this is a turnkey investment offering immediate income today with the opportunity for continued appreciation and future growth.

Additional Information

Taxes
$4,087
Property Description
Fourplex
Zoning
Comm
Parking Features
Off Street
School District
Clairton

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Listing Courtesy of LIFESPACE REAL ESTATE.

INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED. Listings courtesy of WEST PENN MULTILIST, INC.