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

430

MLS® 1745362

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential
Size -
Garage 
Taxes $2,300
Days Active 21
Lot Size 
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
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1918
BasementStorage Space, Walk Up Access
DrivewayOn Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Feb 22, 2024End Date
$75,000Sold Price

Sold

Apr 1, 2026List Date
$94,000List Price
-End Date
Not Sold YetSold Price

For Sale

Mar 26, 2026List Date
$479,000List Price

Home Appraisal

This property is estimated to sell between: $147,000 and $645,000.
Similar properties in this area sold on average for: $147,975
Expected to sell in 61 days. Similar properties sold in 82 days. This home has been on eXp Realty for 21 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
1219 Merchant St, Ambridge, PA

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