103-117 N Allegheny St

Bellefonte, PA 16823 View Map $1,975,000 Schedule a Tour
Sq.Ft.15,682
Year1900
KBB Realtors

KBB Realtors

(814) 234-4000

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Status: Active
Property Type:Commercial
MLS #:PACE2509904
Sq. Feet:15,682
On Site:80 Days
Lot Size:0.36 Acres
County:Centre
Fully rented mixed Commercial & Residential investment property in the heart of downtown Bellefonte with strong positive cash flow. 21 residential rental units (primarily 1 bed, 1bath units) and 5 commercial spaces. Laundry facilities on each floor (2nd and 3rd). Owner/Property manager office and storage on site. Recently upgraded fire detection system. Tenant paid electric and heat. Income & Expenses available.

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$000 Monthly Payment
Loan and interest only.

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Community Information

Address:103-117 N Allegheny St, Bellefonte, PA 16823
County:Centre
Zip Code:16823

Features / Amenities

Entry Level: 1
Security System: Smoke Detector, Fire Detection System
Cooling: Heat Pump(s), Window Unit(s)
Cooling Fuel: Electric
Heating: Baseboard - Electric, Heat Pump(s), Forced Air
Heating Fuel: Electric, Natural Gas
Hot Water: Electric

Property Features

Lot Size: 0.36 Acres
Lot Dimensions:0.00 x 0.00
Location: Business District
Parking Types: On Street, Parking Lot
Car Parking Spaces: 12
Sewer: Public Sewer
Water: Public
Municipality: BELLEFONTE BORO
Zoning:COMMERCIAL
Directions:322 W toward Lewistown. Take the ramp on the right for General Potter Hwy. At the roundabout, take the 1st exit for General Potter Hwy. Take a sharp left onto PA-144 / Old Fort Rd. Keep right to stay on PA-144 / N Main St. Keep right to stay on PA-144 / Pine St. Turn left to stay on PA-144 / PA-550 / S Spring St. Turn right onto PA-550 / W Bishop St. Turn left onto S Allegheny St.

Tax and Financial Info

Total Taxes: $27,909 (paid Annually)
Tax Year: 2022
School Tax: $18,516
Net Operating Income: $155,741.00
Gross Income: $255,500.00
Ownership Type: Fee Simple
Homeowners' Assoc.: No
City Tax Rate: $6,572.00 (Annually)
County Tax Rate: $2,821.00 (Annually)
Acceptable Financing: Cash, Conventional

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103-117 N Allegheny St Bellefonte,  PA 16823
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103-117 N Allegheny St Bellefonte, PA 16823
 
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Listing Information Last Updated 7/19/2024
Listing provided courtesy of Coldwell Banker Realty.