Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

942 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

20 S 6th St
Indiana, PA 15701

Penn Towers Apartments · Multifamily Property For Sale · 38 Units

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Executive Summary

Opportunity to acquire a prime value-add mixed use building in the heart of Indiana that includes parking lot.Within a couple minutes walk to Indiana University of Pennsylvania's campus, you have the ability to rent to students and non-students alike.

PROPERTY FACTS Under Contract

Price Per Unit	$52,964 CAD	Lot Size	0.14 AC
Sale Type	Investment	Building Size	29,995 SF
No. Units	38	Average Occupancy	56%
Property Type	Multifamily	No. Stories	5
Property Subtype	Apartment	Year Built	1970
Apartment Style	Mid Rise	Parking Ratio	1.27/1,000 SF
Building Class	C	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 Per Unit	$52,964 CAD
Sale Type	Investment
No. Units	38
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Mid Rise
Building Class	C
Lot Size	0.14 AC
Building Size	29,995 SF
Average Occupancy	56%
No. Stories	5
Year Built	1970
Parking Ratio	1.27/1,000 SF
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.

Unit Amenities

Air Conditioning
Heating

Kitchen

Oven

Range

Site Amenities

On-Site Retail

Unit Mix Information

Description	No. Units	Avg. Rent/Mo	SF
Studios	16	-	290
1+1	16	-	550

PROPERTY TAXES

Parcel Number	23-001-209.00	Improvements Assessment	$1,461,128 CAD
Land Assessment	$85,048 CAD	Total Assessment	$1,546,176 CAD

PROPERTY TAXES

Parcel Number

23-001-209.00

Land Assessment

$85,048 CAD

Improvements Assessment

$1,461,128 CAD

Total Assessment

$1,546,176 CAD

zoning

Zoning Code	C1 (Retail Business & Commercial)
C1 (Retail Business & Commercial)

Listing ID: 31765477
Date on Market: 2024-05-10
Last Updated:
Address: 20 S 6th St, Indiana, PA 15701

1 of 18

VIDEOS

3D TOUR

PHOTOS

STREET VIEW STREET

MAP

1/18

This feature is unavailable at the moment.