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1421 5th Ave 4,424 SF Specialty Building Offered at $244,018 CAD in New Kensington, PA 15068

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Investment Highlights

Mixed-use brick building with storefront, large 4-bedroom apartment, & separate 2-bedroom home offering multiple configuration & income potential.

Rear two-bedroom home is gutted for redevelopment, providing value-add opportunity alongside adaptable existing residential spaces.

Executive Summary

Fantastic investment opportunity at 1421 5th Avenue in Arnold! This large brick multi-unit building offers a ton of potential with three separate spaces. The main level features a commercial storefront currently used as a residential apartment. Upstairs is a massive four bedroom, one and one-half bath apartment with great layout options and plenty of space. In the rear, you’ll find a separate two-bed, one-bath home that’s already gutted and ready for your vision—perfect for creating additional rental income. If you’re looking for a project with real upside and plenty of ways to add value, this one is worth a closer look.

Property Facts

Price	$244,018 CAD	Building Class	C
Price Per SF	$55.16 CAD	Lot Size	0.06 AC
Sale Type	Investment	Building Size	4,424 SF
Sale Condition	High Vacancy Property	No. Stories	2
Property Type	Specialty	Year Built	1940
Property Subtype	Residential Income	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$244,018 CAD
Price Per SF	$55.16 CAD
Sale Type	Investment
Sale Condition	High Vacancy Property
Property Type	Specialty
Property Subtype	Residential Income
Building Class	C
Lot Size	0.06 AC
Building Size	4,424 SF
No. Stories	2
Year Built	1940
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.