Investment opportunity featuring two rental units situated on a single parcel. The property includes 110 Belko Lane, a spacious four-bedroom, two-bath residence, and 1551 Black Moshannon Road, a one-bedroom, one-bath home offering approximately 438 finished square feet. Both units are currently tenant occupied, providing immediate income potential. Current monthly rents are $800 for 110 Belko Lane and $400 for 1551 Black Moshannon Road, with the owner covering water and sewer expenses. Rental rates may offer future upside for investors seeking to optimize income while maintaining affordability for tenants.
Philipsburg is located in Pennsylvania. Philipsburg, Pennsylvania has a population of 2,819. Philipsburg is less family-centric than the surrounding county with 22.21% of the households containing married families with children. The county average for households married with children is 30.96%.
The median household income in Philipsburg, Pennsylvania is $39,049. The median household income for the surrounding county is $64,995 compared to the national median of $69,021. The median age of people living in Philipsburg is 44.3 years.
The average high temperature in July is 79.3 degrees, with an average low temperature in January of 16.9 degrees. The average rainfall is approximately 42 inches per year, with 46.1 inches of snow per year.
