104 Turnpike St

Milesburg, PA 16853
  • $385,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 4,574

    SqFt

About the Listing REMAXCR1 - 3347236,3346385

Ready to boost your investment portfolio? Discover this well-maintained 5-unit apartment complex perfectly suited for both steady rental income & Airbnb profitability. Ideally situated in the heart of Milesburg, this property features 2 fully rented units & 3 Airbnb units, with ample off-street parking accessible via Mill Street located directly behind the building. Each unit has completed occupancy inspections & holds current rental permits, making it a turnkey investment. Apt #104 is a delightful 2 bedroom, 1 bath unit leased through 11/2027 at $791/month & includes a private garage. Tenant covers electric, cable & internet. Apt #104A is a charming 3 bedroom, 1 bath Airbnb rental averaging $125/night. Apt #104B is a cute & cozy studio apartment leased through 11/27 for $409/month, with tenant paying for electric, cable & internet. Apt #104C is an adorable 1 bedroom, 1 bath Airbnb unit averaging $100/night. Apt #104C is a darling 3 bedroom, 1 bath Airbnb unit averaging $125/night. All utilities are covered by the owner for the Airbnb units & the owner also pays water, sewer & refuse for the leased apartments (dumpster paid monthly with Newman Hill). The Airbnb units are fully furnished & inventory is available to purchase separately should the buyer wish to continue short-term rentals. Additional amenities include newer roof, vinyl siding & replacement windows, each unit has electric baseboard heat & separate water heaters. Milesburg offers a welcoming, small town feel. The property is located close to renowned fishing along Spring Creek & Bald Eagle Creek. For all things outdoor recreation, it’s just a quick 12-minute drive to Bald Eagle State Park. The location offers easy access to I-80 & I-99. Within 11 miles from Penn State University & Beaver Stadium to cheer on the Nittany Lions. Some of the area’s best local shops, eateries, distillers & breweries are just moments away in beautiful downtown Historic Bellefonte. Don’t miss this unique investment opportunity to expand your portfolio.

Listing Highlights

Status Sold
Days on Site 572
Property Type Commercial Sale
MLS ® PACE2512364
Year Built 1901
Total Square Footage 4,574
Lot/Acreage 0.29
County Centre
School District Bald Eagle Area

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond:
  • Heating: Baseboard - Electric
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Not New Construction,Horse Property: No
  • Garage Capacity: N/A
  • Parking Spaces: 10
  • Lot Dimensions: 0.00 x 0.00
  • Zoning: R
  • Roof: Metal,Shingle
  • Others: Very Good
  • Sewer: Public Sewer
  • Parking Features: Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces

Financial Details

  • Tax Amount: $4,817
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2024

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104 Turnpike St Milesburg, PA 16853

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Originating MLS: BRIGHT_MAIN

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