222 State Street

Turn-key 3-unit investment opportunity in West Fairview! This fully occupied property at 222 State St offers immediate cash flow with all tenants currently on month-to-month leases, providing flexibility for future rent adjustments or potential owner occupancy. The building features three well-maintained units: Unit 1 is a spacious 2-bedroom, 1-bath apartment; Unit 2 offers a 1-bedroom, 1-bath layout with laundry hookups; and Unit 3 includes 1 bedroom, 1 bath, plus a bonus room/office and laundry hookups. Laundry is stubbed out in Unit 1 for future installation. Extensively renovated in 2020/2021, the property has undergone major capital improvements, including a new rubber roof, new siding, replacement windows and doors, updated electrical service and systems, new water supply lines, and newer water heaters throughout. Each unit is equipped with high-efficiency Lennox gas furnaces with central air, providing modern comfort and energy efficiency. Interior upgrades include updated kitchens and bathrooms, along with hardwood flooring, ceramic tile, carpet, and LVP throughout the units. With long-term tenants already in place and the major updates already completed, this low-maintenance, income-producing property offers investors a strong combination of updated condition, stable rental income, and long-term upside potential. Owner is a Pennsylvania licensed real estate agent.