Investment Property for Sale

18-24 Wilson Avenue Washington, PA 15301

Washington
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$400,000
Last Verified:
Sep 25, 2024

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Highlights

  • - Medical Office with four patient rooms, restrooms, office, and ample storage
  • - Multi-family units; 1BR Unit and 3BR Single Family Residence
  • - Prime location, steps from UPMC Washington Hospital
  • - 100% occupancy rate
  • - Strong rental history
  • - Modern office design
  • - Spacious layouts
  • - Convenient highway access
  • - Long Term Tenants
  • - Lucrative investment opportunity

Description

Introducing an exceptional investment opportunity in the vibrant Pittsburgh area. This property comprises three units, each offering a lucrative 100% occupancy, ensuring a stable and immediate return on investment. Strategically situated for seamless access to major highways, this property provides unparalleled connectivity to Pittsburgh and neighboring areas. With a history of strong rental performance, this property is an irresistible prospect for office investors seeking a valuable addition to their portfolio.

Discover the vibrant community surrounding the property in Washington, PA, just a short drive from Pittsburgh. The area boasts a convenient proximity to downtown Pittsburgh, offering endless business and networking opportunities for office investors. Enjoy easy access to major highways, providing seamless connectivity to the Pittsburgh International Airport and the wider region. Explore the nearby local attractions, including The Meadows Racetrack & Casino, Tanger Outlets, and Southpointe, a thriving business park with a range of amenities. With its strategic location and access to exciting entertainment and dining options, the area is an ideal setting for this office and multi-family property investment.

Building Size: 6396sq ft
Building Class: B
Lot Size: 0.39 acres

Map of 18-24 Wilson Avenue, Washington, PA, 15301

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.