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$385,000
104 Turnpike St, Milesburg, PA
Real Estate
Sold
$--,---,---
$350,000
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- Key Facts
- Description
- Map
Key Facts
Type Multi Family
Levels Commercial Sale
Size -
Garage No
Maintenance Fees
Taxes $4,817
Approx. Age 1901
MLS® Number PACE2512364
Property Address:
Average square foot calculated using Size range provided by listing agent.
Description
Ready to boost your investment portfolio? Discover this well-maintained 5-unit apartment complex perfectly suited for both steady rental income & Airbnb profitability. Ideally situated in the heart of Milesburg, this property features 2 fully rented units & 3 Airbnb units, with ample off-street parking accessible via Mill Street located directly behind the building. Each unit has completed occupancy inspections & holds current rental permits, making it a turnkey investment. Apt #104 is a delightful 2 bedroom, 1 bath unit leased through 11/2027 at $791/month & includes a private garage. Tenant covers electric, cable & internet. Apt #104A is a charming 3 bedroom, 1 bath Airbnb rental averaging $125/night. Apt #104B is a cute & cozy studio apartment leased through 11/27 for $409/month, with tenant paying for electric, cable & internet. Apt #104C is an adorable 1 bedroom, 1 bath Airbnb unit averaging $100/night. Apt #104C is a darling 3 bedroom, 1 bath Airbnb unit averaging $125/night. All utilities are covered by the owner for the Airbnb units & the owner also pays water, sewer & refuse for the leased apartments (dumpster paid monthly with Newman Hill). The Airbnb units are fully furnished & inventory is available to purchase separately should the buyer wish to continue short-term rentals. Additional amenities include newer roof, vinyl siding & replacement windows, each unit has electric baseboard heat & separate water heaters. Milesburg offers a welcoming, small town feel. The property is located close to renowned fishing along Spring Creek & Bald Eagle Creek. For all things outdoor recreation, it’s just a quick 12-minute drive to Bald Eagle State Park. The location offers easy access to I-80 & I-99. Within 11 miles from Penn State University & Beaver Stadium to cheer on the Nittany Lions. Some of the area’s best local shops, eateries, distillers & breweries are just moments away in beautiful downtown Historic Bellefonte. Don’t miss this unique investment opportunity to expand your portfolio.Show Description
MLS® NumberPACE2512364
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1901
Stories
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatBaseboard - Electric, Electric
A/CNone
Heating Fuel
Extras
5 refrigerators, 5 ovens
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