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108-110 S Washington St 7,200 SF 100% Leased Retail Building Titusville, PA 16354 $968,373 CAD ($134.50 CAD/SF) 9.17% Cap Rate



EXECUTIVE SUMMARY
This offering presents a well-balanced and tightly clustered 12-unit rental portfolio in Titusville, Pennsylvania, part of the broader Meadville, PA micropolitan area. Titusville is known for its stable workforce, affordable housing demand, and strong rental fundamentals driven by nearby employment centers, regional healthcare facilities, and educational institutions. The portfolio includes a diverse mix of unit types—a six-unit building consisting of five apartments and a retail storefront, a duplex, a single-family rental, and three late-model 2022 mobile homes situated in a nearby mobile home park. All twelve units are located within approximately 4.25 miles of one another, allowing for highly efficient oversight; currently, a single manager handles day-to-day responsibilities at a very economical rate with minimal required involvement. The three mobile homes operate on lot-rent agreements, providing dependable cash flow with lower maintenance obligations.
Investors will appreciate multiple value-add opportunities including raising rents to market levels and renovating one existing vacant apartment to bring it back into income-producing condition. This portfolio delivers immediate scale, centralized management, and strong upside potential in a market where affordable, well-located rental housing continues to perform.
MR. LANDMAN, LLC is a licensed real estate entity in the State of Pennsylvania under Lic#RB069500. Jonathan Fisher is a licensed broker in the State of Pennsylvania under Lic#RM425074.
Investors will appreciate multiple value-add opportunities including raising rents to market levels and renovating one existing vacant apartment to bring it back into income-producing condition. This portfolio delivers immediate scale, centralized management, and strong upside potential in a market where affordable, well-located rental housing continues to perform.
MR. LANDMAN, LLC is a licensed real estate entity in the State of Pennsylvania under Lic#RB069500. Jonathan Fisher is a licensed broker in the State of Pennsylvania under Lic#RM425074.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,200 SF
Building Class
C
Year Built
1980
Price
$968,373 CAD
Price Per SF
$134.50 CAD
Cap Rate
9.17%
NOI
$88,841 CAD
Percent Leased
100%
Building Height
3 Stories
Building FAR
1.00
Lot Size
0.16 AC
Zoning
Comm & residential
Walk Score®
Very Walkable (81)
NEARBY MAJOR RETAILERS
1 of 8
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108-110 S Washington St
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