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302 15th Street

City Of Franklin, PA 16323
  • $1,675,000
  • STATUS: Active
  • ON SITE: 71 Days
  • MLS #: 1661160
UPDATED: 41 min ago
$1,675,000
  • 0
    BEDS
  • 0.52
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1986
County:

School Ratings & Info

Description

Take advantage of this rare opportunity to own this fabulous 20 unit building and add this to your portfolio. This well built BRICK property is constructed with 18 2-bedrooms and 2 1-bedrooms divided up into 4 sections. Terrace Garden Apartments come with a rich history of being fully occupied with long term residents and a waiting list! The units are consistent in layout and finishes with the galley kitchen: fully furnished, dining area, living room, and plenty of closets. The basement houses the coin operated laundry and each unit has their own storage area. There is extra storage outside along with terraces and patios! The common parking lot has an assigned space for each unit but there is plenty of parking on 15th and Elk streets. Tenant pays electric while owner pays water, sewage, trash. So many improvements since 2019 including: new electric boxes in each unit, exterior LED lights, commercial washer/dryer, resealed parking lot, LED hallway light fixtures.

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© 2024 West Penn Multi-List, Inc. All Rights Reserved. INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-09-13T10:53:13.24.
www.keystonerealestate.net/homes/152279736
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302 15th Street City Of Franklin, PA 16323

  • Price: $1,675,000
  • Status: Active
  • On Site: 71 Days
  • Updated: 41 min ago
  • MLS #: 1661160
0
Beds
0
Baths
0
½ Baths
0.52
Acres
1986
Built
County:
Clarion/Venango
Area:
City Of Franklin
Property Description
Take advantage of this rare opportunity to own this fabulous 20 unit building and add this to your portfolio. This well built BRICK property is constructed with 18 2-bedrooms and 2 1-bedrooms divided up into 4 sections. Terrace Garden Apartments come with a rich history of being fully occupied with long term residents and a waiting list! The units are consistent in layout and finishes with the galley kitchen: fully furnished, dining area, living room, and plenty of closets. The basement houses the coin operated laundry and each unit has their own storage area. There is extra storage outside along with terraces and patios! The common parking lot has an assigned space for each unit but there is plenty of parking on 15th and Elk streets. Tenant pays electric while owner pays water, sewage, trash. So many improvements since 2019 including: new electric boxes in each unit, exterior LED lights, commercial washer/dryer, resealed parking lot, LED hallway light fixtures.
Exterior Features

Construction Materials Brick Lot Size Dimensions 146x146+/-

Property Features

Business Name Terrace Garden Apartments Gross Income 173280 Insurance Expense 7465 Maintenance Expense 6000 Net Operating Income 112045 Property Sub Type Apartment Property Sub Type Additional Apartment Tax Annual Amount 14770 Tax Assessed Value 416670 Utilities Electricity AvailableSewer AvailableWater Available Zoning C Zoning Description C

Courtesy of RE/MAX SELECT REALTY: 724-933-6300. © 2024 West Penn Multi-List, Inc. All Rights Reserved. Information Deemed Reliable But Not Guaranteed.


© 2024 West Penn Multi-List, Inc. All Rights Reserved. INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-09-13T10:53:13.24.
 
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