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Listed price in listed location currency (USD).
$479,000

430

MLS® 1745362

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential
Size -
Garage No
Maintenance Fees 
Taxes $2,300
Days Active 0
Approx. Age 1918
MLS® Number 1745362

Property Address: 1219 Merchant St, Ambridge, PA, 15003-2278

Average square foot calculated using Size range provided by listing agent.

Description

In the heart of Ambridge, this 3080 square foot mixed-use building delivers steady income right from day one. The entire structure was completely gutted to the studs and rebuilt just one year ago with all new mechanical systems, windows, flooring, fixtures, and more. Everything is fresh and will stay low-maintenance for years to come. The first-floor commercial space is leased long-term to Caffe Nero. The tenant pays $1, 450 per month plus 100% of taxes, insurance, and all other building expenses. The two upstairs residential units are each leased to established tenants for $1, 100 per month. Together, they create a gross annual income of $43, 800 and a net operating income of $43, 800. All tenants also pay their own utilities, so owner costs stay very low. The building has solid construction and separate entrances for easy management. It sits in a convenient spot in Ambridge historic district, just 16 miles from Pittsburgh, with shops, dining, and the scenic Ohio River nearby. This turnkey property is ready to go and offers reliable returns in a historic Pennsylvania borough with strong rental demand.
MLS® Number1745362
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1918
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 26, 2026List Date
$479,000List Price
Feb 22, 2024End Date
$75,000Sold Price

Sold

Nov 15, 2023List Date
$94,000List Price
  • Commute

Commute

Starting Address
Destination Address
1219 Merchant St, Ambridge, PA

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