501 Glenwood Ave, Ambridge, PA 15003

Property Description

For your review is a fully renovated, mixed-use portfolio in Ambridge offering immediate income and long-term stability. The properties are 100% occupied and the portfolio includes four (4) 2-bedroom units, a detached 2-car garage and two (2) commercial spaces. The residential units are updated and well maintained, each with functional layouts and full basements for storage. These updated residential units have AC, a full complement of appliances and individual washer/dryer hook-ups. The commercial spaces provide flexible use potential for office, retail, service or food-related tenants, supporting diversified income streams. Recent updates and newer mechanical systems provide for a low-maintenance investment opportunity. Located near Merchant Street and convenient to public transportation, the property sits in a revitalizing area with strong local demand drivers. The portfolio consists of three (3) parcels, six (6) rental units and two (2) garages which are also currently rented. These properties lease well due to location, condition and amenities. Zoning for 501 Glenwood (parcel #10-003-0317.00) is commercial/miscellaneous services. The parcel includes addresses 411 5th, 501 Glenwood (front and rear) and 503 Glenwood. Zoning for 515 Glenwood (parcel #10-003-0323.000) and 517 Glenwood (parcel #10-003-0324.000) is Residential Single Family Dwelling. Excellent opportunity for investor looking to purchase a portfolio or add to existing.