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Philipsburg,PA 16866
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 14,515 sqft
Price per Sqft $44
MLS Listing ID PACE2515174
Style Other
Abv Grd Liv Area 14,515
Year Built 1938
Annual Tax Amount $4,685
Tax Year 2025
Lot Size 0.280 Acres
Acres 0.28
Property Sub-Type Detached
Source BRIGHT
Property Description
Presenting a compelling investment opportunity in Philipsburg, PA. This mixed-use property spans a total of 14,515 SF, including 6,925 SF across eight residential units and 7,590 SF of commercial storefront space, providing multiple income-generating opportunities. Centrally located in the town of Phillipsburg, this building is close to essential amenities, including public transportation, grocery stores, and a local park. A nearby off-street parking lot accommodating 12+ vehicles adds significant value for both tenants and customers. This property offers substantial upside potential for investors willing to complete renovations and capitalize on the building's full capabilities. All residential units have been recently renovated, and the spacious commercial area presents unlimited potential. Currently, 6 out of the 8 units are leased, Gross Rental income: $57,360. Philipsburg boasts a notably low property tax burden compared to surrounding areas, and the mixed-use nature of this property allows for flexibility in tenant mix and income diversification. Schedule your showing today!
Location
State PA
County Centre
Area Philipsburg Boro (16429)
Zoning COMMERCIAL GENERAL
Rooms
Basement Partial,Unfinished
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Window Unit(s)
Fireplace N
Heat Source Electric
Exterior
Water Access N
Roof Type Rubber
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Philipsburg-Osceola Area
Others
Tax ID 29-201-,233-,0000-/29-201-,297-,0000
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard