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29653014
29653013

980 Jefferson Ave, Washington, PA 15301

SVN | Three Rivers Commercial Advisors
SVN | Three Rivers Commercial Advisors
Listed by SVN | Three Rivers Commercial Advisors
$1,950,000
114 days on market
Updated 65 days ago

980 Jefferson Ave

Details
Property Type Mixed Use, Multifamily
Sub Type Apartment Building
Square Footage 33,615
Units 28
NOI $174,375
Occupancy 89%

28 Unit Mixed-Use Investment Opportunity

Marketing description

SVN Three Rivers Commercial Advisors is pleased to present this investment opportunity at 980–998 Jefferson Ave in Washington, PA, 15301 a well-located, mid-century multi-family and retail asset with strong visibility and redevelopment potential in the heart of Washington’s commercial corridor.

Located in Washington County

For more information, visit: http://properties.svn.com/980JeffersonAve

Investment highlights

  • 89% occupied, providing in-place cash flow with additional upside through lease-up

  • 4 Commercial and 24 Residential Tenants

  • Value-add potential through interior renovations, rent optimization, and operational efficiencies

  • The property has undergone or is positioned for ongoing capital improvements to enhance operating performance and curb appeal.

  • On-site surface parking with additional 100+ free spaces adjacent to the property.

  • Positioned along a well-traveled thoroughfare with traffic counts exceeding 24,000 vehicles per day, offering strong exposure for retail tenants.

Listing Contacts

SVN | Three Rivers Commercial Advisors
SVN | Three Rivers Commercial Advisors
Listed by SVN | Three Rivers Commercial Advisors

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$174,375.00
$14,531.25/mo

Valuation Metrics

0
DSCR
8.94%
Cap Rate
8.94%
ROI

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