128 Wood Street
California, PA 15419


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  • MUL
MLS#: 1645243
For Sale $1,400,000
128 Wood Street
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If you?re looking to add doors to your portfolio, this is the property for youwelcome to 128 Wood Street. This 52 unit apartment complex has a mixture of studio, one, two, three, & four bedroom apartments (74 beds). The building is just blocks away from PennWest California (Formerly CalU). But don?t just think student housing because you're minutes to all the businesses in California Technology Park, and Rt 43 & I-70 to get anywhere! In addition to the apartments there is a 1600+ sq ft commercial space that used to be Quiznos Subs. You'll also find a small, on-site, gym for residence, a coin operated laundry for additional income, and a large basement with untapped potential for additional tenant storage to create even more income potential. The building has gone through a lot of recent renovations, inside & out. Safety features like sprinklers, security cameras, & fire alarms are already in place. There is also an 18 spot parking lot included in the sale. Owner Financing Possible.

Owner's P & L
Gross Annual Income: $363,861

Vacancy Percentage:

Net Operation Income: $129,969

Estimate Annual Taxes: $17,195

Aproximate Lot Size
 151x80x151x81

Status
 Active

Units Available: 52
# of Rooms Bedrooms Full Baths Half Baths Rent