Mixed-use investment opportunity in a high-visibility downtown Olyphant location. This well-positioned property features 13 total units, including 9 residential apartments and 4 commercial storefronts, offering strong income potential and diversified revenue streams.All apartments have been recently renovated with new cabinetry, granite countertops, and stainless steel appliances, providing modern finishes that attract and retain quality tenants. The commercial spaces benefit from steady foot and vehicle traffic, making them ideal for a variety of retail or service-based businesses.Whether you're looking to expand your portfolio or secure a turnkey mixed-use asset in a growing area, this property delivers a solid combination of updated residential units and prime commercial exposure.
Versatile Multi-Unit Opportunity in the Heart of Olyphant!Unlock the potential of this unique multi-family property located in the desirable Mid-Valley School District. Featuring two distinct residential units on a single lot, this property is a strategic find for savvy investors, house hackers, or multi-generational families looking for the perfect balance of proximity and privacy.Unit 1 offers a spacious two-story layout, featuring a large living area, dedicated dining room, and kitchen on the main floor. Upstairs, you'll find three comfortable bedrooms and a full bathroom. Unit 2 provides a convenient ranch-style floor plan with one bedroom, a large eat-in kitchen, and two flexible living or dining areas which is ideal for a guest house, rental, or in-law suite.While the ''bones'' are here, the property is ready for your creative touch. It needs some cosmetic sprucing and updates, offering a fantastic opportunity to build immediate sweat equity. This is a value-add opportunity for buyers who understand that paint, flooring, and minor upgrades can go a long way toward increasing equity and income potential.Situated just minutes from local shopping, dining, major employment hubs, and entertainment, the location is as convenient as it is quiet. Whether you want to live in one and let the other pay your mortgage, or add a high-potential asset to your portfolio, this Olyphant gem is ready for its next chapter.
Olyphant is located in Pennsylvania. Olyphant, Pennsylvania has a population of 5,359. Olyphant is less family-centric than the surrounding county with 18.34% of the households containing married families with children. The county average for households married with children is 24.76%.
The median household income in Olyphant, Pennsylvania is $56,475. The median household income for the surrounding county is $58,366 compared to the national median of $69,021. The median age of people living in Olyphant is 41.7 years.
The average high temperature in July is 81.7 degrees, with an average low temperature in January of 15.8 degrees. The average rainfall is approximately 40.5 inches per year, with 41.4 inches of snow per year.
