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Yesterday's Hotel

$400,000

100 3rd Street, Renovo, PA 17764

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Last Updated: 09/18/2024

30,677 sqft

Building Size

0.33 acres

Lot Area

Details:
Building Size:    30,677 sqft
Lot Area:    0.33 acres
Keys:    53
Year Built:    1910
Price Per Sqft:    $21.19
Floors:    4
Year Last Renovated:    2024
Investment Strategy:    Value Add
Highlights:
  • Restaurant & Bar
  • Archery and Bowling Area
  • 50 + Residential Units
  • Laundry Available
Description:

Amazing investment opportunity! Hotel in Renovo, PA, perfect for conversion to long-term stay units. Monthly rents of $400-$600 (utilities included) make it highly attractive to tenants.

Key Features:

Income Potential: Generate up to $350,000 annually.
Profitability: Potential NOI of around $250,000.
Condition: Excellent, minimal upfront costs.
Competitive Edge: Utilities included in rent.
Quick break-even point and significant ROI potential. Ideal for investors looking for a value-add property with steady income.

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