453 Street Mill Danville, PA 17821

General Commercial Residence

Beds

7 Baths

9,400 Sq. Ft.

0.14 Acre Lot

Property Activity

Time on Site

days

Days on Market

Views

Saves

Last updated on 9/22/2024 4:07 PM

Listing Details

Discover an exceptional opportunity to invest in one of Danville's most distinctive properties, located on the charming and historic Mill Street. This property is truly a rare find and represents an incredible chance to own a significant piece of Danville's heritage while benefiting from a highly pr...ofitable investment. This well-maintained building offers a compelling combination of residential and commercial rental income, featuring six beautifully renovated 1-bedroom, 1-bathroom apartments alongside a substantial commercial space. The commercial unit, currently leased under a secure 4-year agreement, ensures a stable and consistent revenue stream, making this property an ideal investment for those seeking both immediate and long-term financial returns. Together, these units share 13 off street parking spots. All six residential apartments have been thoughtfully renovated to combine modern amenities with the classic charm of the building. Each unit has been updated to meet contemporary standards, ensuring comfort and style for tenants while maintaining the historic character that makes this property so special. Of these six units, four come fully furnished, providing a turnkey solution for both long-term and short-term rental markets. Currently, three of the furnished apartments are operating successfully as short-term rentals, generating excellent income with a high occupancy rate due to the property's prime location in Danville's vibrant downtown area. Continue reading

MLS#

20-98196

Property Type

General Commercial

Bathrooms

Square Feet

9,400 sq. ft

Lot Size

0.14

Sewer

Public Sewer