980-998 Jefferson Ave | Washington, PA 15301
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980-998 Jefferson Ave
Washington, PA 15301
Tyler Dale Village · Multifamily Property For Sale · 28 Units
EXECUTIVE SUMMARY
Stabilized Mixed Use Investment property located in one of Washington, PAbusiest intersection. 24 Residential units above 4 retail tenants. Located at the signalized intersection of Jefferson Avenue and Wylie Avenue. The opportunity exists for the investor to add value and drive NOI by leasing of vacancies and upgrading units to capture market potential rents.
PROPERTY FACTS Under Contract
| Price Per Unit | £36,843 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.37 AC |
| Net Initial Yield | 8.31% | Building Size | 33,615 SF |
| No. Units | 28 | Average Occupancy | 87% |
| Property Type | Multifamily | Number of Floors | 3 |
| Property Subtype | Apartment | Year Built | 1940 |
| Apartment Style | Low Rise | Parking Ratio | 0.38/1,000 SF |
| Price Per Unit | £36,843 |
| Sale Type | Investment |
| Net Initial Yield | 8.31% |
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.37 AC |
| Building Size | 33,615 SF |
| Average Occupancy | 87% |
| Number of Floors | 3 |
| Year Built | 1940 |
| Parking Ratio | 0.38/1,000 SF |
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- Laundry Facilities
- On-Site Retail
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | Avg. Rent.Mo | SF |
|---|---|---|---|
| Studios | 6 | - | - |
| 1+1 | 14 | - | 400 |
| 2+1 | 2 | - | - |
| 3+1 | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 7700180001001400 | Improvements Assessment | £678,485 |
| Land Assessment | £75,387 | Total Assessment | £753,873 |
PROPERTY TAXES
Parcel Number
7700180001001400
Land Assessment
£75,387
Improvements Assessment
£678,485
Total Assessment
£753,873
ZONING
| Zoning Code | GB (General Business) |
| GB (General Business) |
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