3243 Sullivan TrlFalls, PA 18615

For Sale
$279,000

Prime Falls, PA Multifamily Investment

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 4,500 square foot, two-story apartment building presents a compelling investment opportunity in Falls, Pennsylvania. Situated on a spacious 1.63-acre lot with high visibility on Route 92, this property enjoys convenient access to Clarks Summit, Dallas, Tunkhannock, and Pittston (all within a 15-minute radius). Originally a tavern, the building has undergone significant renovations in 2019 and 2024, including a new septic system, furnace, upgraded 400-amp electrical service, and PEX plumbing. A large 1,000 square foot deck enhances the property's appeal. Currently, the first floor is configured as retail space, offering flexibility for various commercial uses. The second floor provides ample space for conversion into apartments or additional office space, potentially increasing the unit count to four or five. The property is zoned for commercial use, allowing for diverse development possibilities. This multifamily investment boasts a strong location and substantial recent upgrades, making it an attractive prospect for savvy investors seeking high-return potential in a desirable Pennsylvania market. The building was constructed in 1955 and features four existing units.

Highlights

  • 4,500 square foot, two-story building on a 1.63-acre lot in Falls, PA.
  • High visibility on Route 92, near Clarks Summit, Dallas, Tunkhannock, and Pittston.
  • Recently renovated (2019 & 2024) with new septic, furnace, 400-amp electrical service, and PEX plumbing.
  • Features a 1,000 square foot deck and currently includes four units, with first floor retail space.
  • Second floor offers potential for conversion to additional apartments or office space (up to 5 units total).
  • Commercially zoned, built in 1955.

Property Details for 3243 Sullivan Trl

Property type
Multifamily properties, Apartment buildings
Square Feet
4,500 SF
Year Built/Renovated
1955/2019
Stories
2
Lot Size (sq. ft)
71,003 SF
Units
4

Location Insight

City
Falls
County
Wyoming
State
Pennsylvania
Latitude
41.431346615359
Longitude
-75.848080796646
3243 Sullivan Trl, Falls, Pennsylvania
Leaflet | © OpenStreetMap contributors

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3243 Sullivan Trl
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