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For Sale $394,900
Connellsville
Spectacular building and business, Connellsville Bed And Breakfast just seconds to the Great Allegheny Passage Bike Trail. Thriving business at the popular Connellsville rest stop halfway between Pittsburgh and Cumberland. Great rental history year round with 5 sleeping quarters plus 3rd floor owner occupied penthouse that could be 6th sleeping quarters. Commercial store front rented for additional income. High season May 1-Oct 31. Fully staffed , detached garage used as bike storage/maintenance seasonally, roof 9 yr old, garage roof 2002, extensively renovated in 2008 with consistent updating and upgrading annually. 1st floor has large foyer, communal living and dining rooms, full kitchen and powder room, B&B sleeping quarters defined as French room with access in front of bldg, 2nd floor has Irish, Italian, German and Slovak Rooms with laundry room, 3rd floor space could increase revenue by 20-30% due to size and desirability. Incredible charm and character.2-200AMP elec panels
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Owner's P & L Gross Annual Income: $108,610 Vacancy Percentage: Net Operation Income: $63,744 Estimate Annual Taxes: $1,601 |
Aproximate Lot Size 45x127x77x22x127 Status Active |
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Units Available: 7
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Contrary to media reports, home values in Pittsburgh are steady - far above the national average. In fact, locally our average sales price has increased over last year. If your are thinking of selling your home there is really no better time and no better place than Western Pennsylvania.
We would be happy to show you what your home is worth in today's market.
412-855-2058
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