526 Fallowfield Ave - Storefront Retail/Residential FOR SALE


Charleroi, PA 15022
$396,900 USD
526 Fallowfield Ave, Charleroi, PA for Sale
$396,900 USD
Storefront Retail/Residential - FOR SALE
1/24
null | 11.49% Cap Rate

526 Fallowfield Ave
Charleroi, PA 15022


HIGHLIGHTS

  • 100% occupied
  • 7 units (1 commercial tenant, 6 residential tenants)
  • Fully renovated in 2020

OVERVIEW

100% occupancy and immediate income await you at Charleroi’s mixed-use gem 526 Fallowfield Avenue. A truly turnkey investment property with style, stability, and strong cash flow, this fully renovated asset features six residential apartments plus one street-level commercial office space. Completely gutted and rebuilt just a few years ago by the current ownership, 526 Fallowfield boasts modern systems, finishes, and infrastructure. The result is a clean, efficient building designed for long-term performance and minimal maintenance. The apartments produce consistent in-place income across a diverse unit mix of one- and two-bedrooms, including on-site coin-operated laundry, and large basement storage, while the commercial storefront adds additional long-term revenue stream and tenant diversification. Current operations support an attractive stabilized return with a proven five-year track record, making this a smart option for investors seeking dependable cash flow without the headaches of deferred maintenance. The recent renovation significantly reduces near-term capital expenditure risk—an advantage rarely found in properties of this size and price point. Positioned strongly along a main corridor in Charleroi’s Central Business District, the property offers strong visibility, easy access, and proximity to local amenities. Whether you’re expanding an existing portfolio or acquiring your first mixed-use asset, this opportunity delivers immediate income, long-term reliability, and future upside in a growing regional market. Welcome to 526 Fallowfield Avenue!

FOR SALE DETAILS

PRICE

$396,900 USD

PRICE/SF

$198 USD /SF

CAP RATE

11.49%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

CBD

APN/PARCEL ID

1600190007002600

ASK ABOUT THIS PROPERTY

Dominic JanidasBerkshire Hathaway HomeServicesMore Info

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

Dominic JanidasBerkshire Hathaway HomeServicesMore Info

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