Address
103-117 N Allegheny Street, Bellefonte, PA
Price
$ 1,975,000
Property Attributes
- MLS#PACE2509904
- TypeCommercial
- CountyCENTRE
- CityBellefonte
- AreaBellefonte Boro
- Zip16823
- StyleHair Salon and Spa,Restaurant/Bar,Day Care Facilit
- Year Built1900
- Taxes$ 27909
- Price$ 1,975,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage15682
- Lot Size0.36 Acres
Data Source:
Bright MLS
Property Description
Fully rented mixed Commercial & Residential investment property in the heart of downtown Bellefonte with strong positive cash flow. 21 residential rental units (primarily 1 bed, 1bath units) and 5 commercial spaces. Laundry facilities on each floor (2nd and 3rd). Owner/Property manager office and storage on site. Recently upgraded fire detection system. Tenant paid electric and heat. Income & Expenses available.
| Price History | |
|---|---|
| 5/2/2024 | Listed $1,975,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Baseboard - Electric,Heat Pump(s),Forced Air |
| Cooling | Heat Pump(s),Window Unit(s) |
| Possession | Settlement |
| Roof | Rubber,Asphalt |
| Zoning | COMMERCIAL |
| Security Features | Smoke Detector,Fire Detection System |
| Construction Materials | Brick,Stone |
| Year Built | 1900 |
| Property SubType | Mixed Use |
| Tax Year | 2024 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Gross Income | 255500.00 |
| Business Type | Hair Salon and Spa,Restaurant/Bar,Day Care Facility,Professional,Apartment Building |
| Accessibility | None |
| County | CENTRE |
| Net Operating Income | 155741.00 |
| Operating Expense | 136801.46 |
| New Construction | No |
| Property Type | Commercial Sale |
| Water Access Y/N | No |
| Property Use | Investment |
| Status | ACTIVE |
| Directions | 322 W toward Lewistown. Take the ramp on the right for General Potter Hwy. At the roundabout,take the 1st exit for General Potter Hwy. Take a sharp left onto PA-144 / Old Fort Rd. Keep right to stay |
| ModificationTimestamp | 2024-05-01T13:48:17 |
| City | BELLEFONTE |
| Buyer Agent Compensation | 2.25 |
| Zoning Description | Central Business District (CBD) |
| MLS Area | Bellefonte Boro (16432) |
| Lot Size Square Feet | 15682.00 |
| Tax Assessed Value | 359825.0 |
| Waterfront Y/N | No |
| Street Name | ALLEGHENY |
| Tax Annual Amount | 27909.0 |
| Price Per Sq Ft | 125.94 |
| Acceptable Financing | Cash,Conventional |
| Lease Considered Y/N | No |
| Vacation Rental Y/N | No |
| Days on Market | 1 |
| Location Type | Business District |
| Standard Status | Active |
| Year Built Source | Estimated |
| Total Actual Rent | 255500.00 |
| Cap Rate | 7.89 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Electric,Natural Gas |
|---|---|
| Hot Water | Electric |
| Total Stories | 4 |
| Heating Y/N | Yes |
| Street Suffix | STREET |
| Central Air Y/N | No |
| Entry Level | 1 |
Exterior Features
| Water Source | Public |
|---|---|
| Total Parking Spaces | 12 |
| Type of Parking | On Street,Parking Lot |
| Foundation Details | Stone |
| Water View Y/N | No |
| Building Area Total | 15682.00 |
| Lot Dimensions | 0.00 x 0.00 |
| Lot Size Acres | 0.36 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Road Responsibility | Boro/Township |
| Land Assessed Value | 15560.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
| Car Parking Spaces | 12 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 16823
Price
Taxes
Visits
Year Built
© BRIGHT, All Rights Reserved
