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316-320 S Pennsylvania Ave 4 Unit Apartment Building $825,000 ($206,250/Unit) 6.67% Cap Rate Greensburg, PA 15601
INVESTMENT HIGHLIGHTS
- High traffic street frontage with prominent signage potential on extremely desirable Pennsylvania Avenue.
- Situated just steps from downtown with amenities such as the courthouse, post office, shops, restaurants, Seton Hall University, and more.
- Features vacant space ideal for professional offices, retail/service providers, or creative mixed-use tenants.
EXECUTIVE SUMMARY
Located in a vibrant, walkable urban corridor, 320 S Pennsylvania Avenue offers a compelling blend of modern residential living and retail potential. This fully renovated mixed-use property features two ground-floor retail suites and five upscale apartment units—four spacious three-bedroom, one-bath units and one two-bedroom, one-bath unit. Each apartment has been thoughtfully upgraded with high-end finishes, including granite countertops, stainless steel appliances, in-unit washers and dryers, and central air conditioning. The retail spaces present a strong value-add opportunity for investors or ideal storefronts for owner-users. With abundant public parking just steps away, this property is perfectly positioned for long-term growth and income.
PROPERTY FACTS
| Price | $825,000 | Property Subtype | Apartment |
| Price Per Unit | $206,250 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.21 AC |
| Cap Rate | 6.67% | Building Size | 16,000 SF |
| No. Units | 4 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1907 |
| Zoning | C-2 | ||
| Price | $825,000 |
| Price Per Unit | $206,250 |
| Sale Type | Investment |
| Cap Rate | 6.67% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 16,000 SF |
| No. Stories | 3 |
| Year Built | 1907 |
| Zoning | C-2 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 4 | - | - |
| 2+1 | 1 | - | - |
1 1
Walk Score®
Very Walkable (88)
PROPERTY TAXES
| Parcel Number | 10-04-03-3-001 | Improvements Assessment | $35,550 |
| Land Assessment | $10,780 | Total Assessment | $46,330 |
PROPERTY TAXES
Parcel Number
10-04-03-3-001
Land Assessment
$10,780
Improvements Assessment
$35,550
Total Assessment
$46,330
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316-320 S Pennsylvania Ave
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