199 Riverside Avenue
Property Description
Unique Investment Opportunity - Two Income-Producing Buildings on One Parcel! This versatile property offers an excellent opportunity for an investor or owner-occupant, featuring a 3-family residential home plus a separate 4-unit commercial building with ample on-site parking. All residential and commercial units are currently rented, providing immediate rental income. The 3-family home consists of two one-bedroom apartments on the first floor and a two-bedroom apartment on the second floor. One of the first-floor units has been completely renovated and features new windows. Recent improvements include a new porch in 2025, new PEX plumbing throughout all apartments, and two newer electrical panels, water heaters and heating units approximately five years old. The separate 4-unit commercial building offers excellent flexibility for a variety of business uses, with one unit having been completely renovated. Plenty of on-site parking with two entrances adds convenience for both residential and commercial occupants. Located on Riverside Avenue, an area undergoing revitalization by the Town. A rare opportunity to own seven income-producing units encompassing both residential and commercial uses on one parcel.
Key Property Information
| Listing Status: | Under Contract |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $600,000 |
| Year Built: | 1886 |
| Lot Size: | 2,172.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 3 |
ID: 3yd-CTMLS-24202839
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
5801 Ellsworth Ave
Shadyside, Pennsylvania
616 Union St
California, PennsylvaniaBrokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout