Excellent investment opportunity in Ashland! This detached 3-unit multifamily property offers strong income potential for investors or owner-occupants. The property features over 3,100 square feet of living space with a mix of 1-bedroom, 2-bedroom, and 3-bedroom units. Public water and sewer, and a full basement provide added convenience and functionality. Conveniently located on Centre Street with easy access to local shopping, dining, schools, and major roadways. On-street parking is available. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this property offers excellent potential. Unit 1 & 2 are occupied. Unit 3 is vacant and in need of extensive repairs.
2 Unit Apartment Building in Ashland, PA. Strong rental income. Sale includes 2 parcels. Tenant pays electric, water & electric heat. Landlord pays trash, sewer & taxes. 1229 currently vacant. 1231 pays 1100 per month. Call today for info!
There are so many possibilities for this investment property! It is currently an office on the first floor and rooms for rent on the second and third floors. First floor consists of a waiting room, reception area, 2 small storage rooms, half bath, 4 more private rooms and a back room/exit. The second and third floors have 6 rooms to rent and common areas. The second floor has 2 full bathrooms and four bedrooms. Third floor has two bedrooms and a storage room. The common areas include a large kitchen/dining area, a living room and two full bathrooms. Tenants have their own bedroom and share the common areas. There are three tenants currently, but there is so much more potential for renting the other four bedrooms and earning great income! There are separate entrances to the first floor and the second/third floors. New roofs, 2-year old furnace, upgraded electric. There is also an oversized, detached garage. This building is licensed through DDAP as an outpatient D&A facility. This property is zoned commercial, along Route 61 in Ashland.
Ashland is located in Pennsylvania. Ashland, Pennsylvania has a population of 2,509. Ashland is less family-centric than the surrounding county with 14.89% of the households containing married families with children. The county average for households married with children is 21.71%.
The median household income in Ashland, Pennsylvania is $51,518. The median household income for the surrounding county is $57,785 compared to the national median of $69,021. The median age of people living in Ashland is 42.3 years.
The average high temperature in July is 81.8 degrees, with an average low temperature in January of 17 degrees. The average rainfall is approximately 49.7 inches per year, with 36.6 inches of snow per year.
