108-110 S Washington St - Storefront Retail/Residential FOR SALE


Titusville, PA 16354
$700,000 USD
217-202-0924
108-110 S Washington St, Titusville, PA for Sale
$700,000 USD
Storefront Retail/Residential - FOR SALE
1/7
null | 9.17% Cap Rate

108-110 S Washington St
Titusville, PA 16354


OVERVIEW

This offering presents a well-balanced and tightly clustered 12-unit rental portfolio in Titusville, Pennsylvania, part of the broader Meadville, PA micropolitan area. Titusville is known for its stable workforce, affordable housing demand, and strong rental fundamentals driven by nearby employment centers, regional healthcare facilities, and educational institutions. The portfolio includes a diverse mix of unit types—a six-unit building consisting of five apartments and a retail storefront, a duplex, a single-family rental, and three late-model 2022 mobile homes situated in a nearby mobile home park. All twelve units are located within approximately 4.25 miles of one another, allowing for highly efficient oversight; currently, a single manager handles day-to-day responsibilities at a very economical rate with minimal required involvement. The three mobile homes operate on lot-rent agreements, providing dependable cash flow with lower maintenance obligations. Investors will appreciate multiple value-add opportunities including raising rents to market levels and renovating one existing vacant apartment to bring it back into income-producing condition. This portfolio delivers immediate scale, centralized management, and strong upside potential in a market where affordable, well-located rental housing continues to perform. MR. LANDMAN, LLC is a licensed real estate entity in the State of Pennsylvania under Lic#RB069500. Jonathan Fisher is a licensed broker in the State of Pennsylvania under Lic#RM425074.

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$97 USD /SF

CAP RATE

9.17%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,187 SF

ZONING

Comm & residential

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jon FisherMr. LandmanMore Info
217-202-0924

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Jon FisherMr. LandmanMore Info
217-202-0924

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.