286 S 5th Ave Clarion, PA 16214

Investment opportunity outside of the borough! 3 apartments located on the first floor and 9 1 room units with keypads on each door upstairs and each unit rents for $650 per person. The first floor features: Apt A: 1 BR, 3/4 Bath, kitchen, LR includes appliances and rents for $850, Apt B: 2 BR, 3/4 bath, kitchen, LR, includes appliances and rents for $950, Apt C: 2 BR, 3/4 bath, large LR rents for $850. All utilities, garbage, internet, and laundry area are included. The upstairs has a community kitchen, living room and bathroom with 2 showers. There is a front and back deck. This property has plenty of parking, a yard, and is walking distance to town, Pennwest University, and Walmart with side walks directly across from the building. The income potential for a fully rented building is estimated at $102K per year and will depend on management and demand.