208 Theatre Rd - Apartments FOR SALE


Carrolltown, PA 15722
$299,900 USD
412-736-0906
208 Theatre Rd, Carrolltown, PA for Sale
$299,900 USD
Apartments - FOR SALE
1/1
null | Request Cap Rate

208 Theatre Rd
Carrolltown, PA 15722


HIGHLIGHTS

  • 5,000 Sq Ft Multi-Unit on 1.3 Acres in West Carroll Twp
  • 4 Apartments + Potential 5th Unit with Covered Patio
  • Separated Utilities, Private Setting, No Zoning
  • Great Rental Income Potential or Live-In Investment

OVERVIEW

Located just 10 miles north of Ebensburg in scenic Cambria County, this spacious custom-built multi-unit home sits on 1.3 private acres and offers approximately 5,000 square feet of living space. The main level features a large, level-entry apartment with 1,728 square feet, including three generously sized bedrooms, a full bath, a master bedroom with a half bath, an eat-in kitchen, a large living room and dining room, a pantry/laundry area, and a finished family room in the lower level. The second floor houses two additional apartments, each approximately 864 square feet, with eat-in kitchens, spacious living rooms, full bathrooms, and ample bedroom space. A 512-square-foot covered patio on the second floor offers shared outdoor space or the potential to create a fifth apartment. The lower level also includes a one-bedroom (or potential two-bedroom) apartment with room to expand. Off-street and covered parking are available for tenants, and all units have separate electric, heating, hot water tanks, laundry access, and utility meters. With no zoning restrictions, the possibilities are flexible and appealing for investors or owner-occupants alike. Projected rental income includes $1,200 for the 3-bedroom unit (formerly owner-occupied), $725–$750 for each second-floor unit, and $695–$800 for the lower-level apartment depending on configuration. Tenants pay their own electric, and laundry hookups for the second-floor units are located in the common area. The property uses well water and a septic system, though public water is available. Additional features include electric baseboard heat with individual zone controls and a 16x18 brick/aluminum shed with electricity and a concrete floor. This estate sale offers excellent rental potential in a private setting. Call the agent—who is related to the executrix—for rental history or to schedule a showing.

FOR SALE DETAILS

PRICE

$299,900 USD

PRICE/SF

$58 USD /SF

# OF UNITS

4

PRICE/UNIT

$74,975

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.3 AC

LAND SF

56,422 SF

ZONING

-

APN/PARCEL ID

065-080748

ASK ABOUT THIS PROPERTY

Mark KellyM J Kelly RealtyMore Info
412-736-0906

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Mark KellyM J Kelly RealtyMore Info
412-736-0906

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