224 St. Mary Street
Loretto, PA 15940

$849,900

Property Description

Welcome to an exceptional investment opportunity! Presenting two meticulously constructed five-unit apartment buildings totaling 10 units, ideally located on the Saint Francis University campus in the vibrant heart of Loretto. The front building boasts four spacious 2-bedroom, 1.5-bath units, along w/ a larger 3-bedroom, 1.5-bath unit. The adjacent building features five well-appointed 2-bedroom, 1-bath units. Each unit presents a consistent high-quality design & layout, ensuring tenant satisfaction. The front building also includes an office w/ a bathroom & a laundromat, offering additional income potential & convenience for residents. Option to buy individually for $450,000 each.

Township Loretto Boro-38
MLS ID 96036500
Property type: Commercial Sale
Status Pending
Estimated Taxes $10,046

Additional Information

Lot & Building

Basement - None
BuildingAreaSource - Agent Measured
BuildingAreaTotal - 10800
BuildingAreaUnits - Square Feet
ConstructionMaterials - Brick,Block,Vinyl Siding
LotSizeAcres - 0.36
LotSizeArea - 15681.6
LotSizeDimensions - ~ 0.36 acres
LotSizeSquareFeet - 15681.6
LotSizeUnits - Square Feet
RoadFrontageType - Public Street
RoadSurfaceType - Paved
Roof - Shingle

Utility Information

Cooling - None
Heating - Baseboard
Sewer - Public Sewer
WaterSource - Public
ZoningDescription - Commercial
Tax Information

TaxAnnualAmount - 10046
TaxAssessedValue - 94130
TaxLegalDescription - 2241/ 76
TaxMapNumber - 38-004. -204.000
TaxYear - 2025

Security & Inclusions

Inclusions - Most Furniture, Appliances

Exclusions

Exclusions - Office Items, Personal Items

Parking

ParkingFeatures - Off Street
ParkingTotal - 19