242 Wood StCalifornia, PA 15419

For Sale
$129,900

Multi-Tenant Income Property, Prime Location

Overview

Added:
Feb 3
Days on market:
39
This exceptional two-story commercial building at 242 Wood Street in California, Pennsylvania, presents a lucrative turnkey investment opportunity. Situated on a 0.04-acre lot, the property generates income from three separate tenants. The ground floor features a street-level commercial space, currently operating as a dance studio, boasting a full window lobby, a half bathroom, and a large open area with a side exit and high ceilings. Access to a full basement is also available from this space. A separate entrance provides secure access to the upper level, which houses two residential apartments. The first apartment comprises a spacious living room, one bedroom, one full bathroom, an eat-in kitchen with included appliances, and in-unit laundry. The second apartment features an open-concept kitchen and living area, one bedroom, one full bathroom, and also includes all appliances and a washer and dryer. All spaces are currently rented, providing immediate cash flow. The property's convenient location offers easy walking access to all amenities in California, including the University. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable location. The building's versatile layout and strong tenant occupancy make it an ideal investment for both seasoned and new investors seeking a stable and profitable venture.

Property Details for 242 Wood St

Property type
Other commercial real estate
Year Built
1926
Lot Size (sq. ft)
1,742 SF

Location Insight

City
California
County
Washington
State
Pennsylvania
Latitude
40.06693
Longitude
-79.88968
242 Wood St, California, Pennsylvania

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242 Wood St
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