Pending
Active Contingent
453 MILL Street
Danville PA, 17821
$850,000
$90.43 per sqft
Pending
Active Contingent
7 Baths
9,400 sqft
Commercial
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 profitable 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.
20-98196
MLSⓇ ID
September 5, 2024
Listed
November 22, 2024
Updated
Map
453 MILL Street
Danville PA, 17821
Interior Features
Total Stories
3
Total Bathrooms
7
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Gas Steam
Exterior/Building Features
Lot Size
0.14 Acres
Roof
Rubber
Sewer
Public Sewer
School Information
School District
Danville
Other Property Details
Area Name
Danville/Riverside
Garage
No
Parking
None
View
No
County
Montour
Municipality
Danville/Riverside
Water Source
Public
Pool
No
Zoning
Comm Industrial
Listing History
Date | Event | Price |
---|---|---|
10/23/2024 | Pending | — |
10/1/2024 | Price change | $850,000 -6% |
Listed by MARC NESPOLI with EXP Realty, LLC
Listing Contact:
The IDX display contains information sourced from the Central Susquehanna Valley Board of REALTORS® as of 11/22/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 11/22/2024 at 12:42 PM UTC