526 Fallowfield, Charleroi, PA 15022
Local realty services provided by:ERA Johnson Real Estate, Inc.
Listed by: dominic janidas
Office: berkshire hathaway the preferred realty
MLS#:1737070
Source:PA_WPN
Price summary
- Price:$396,900
About this home
100% occupancy and immediate income await you at Charleroi’s mixed-use gem 526 Fallowfield Avenue. A truly turnkey investment property with style, stability, and strong cash flow, this fully renovated asset features six residential apartments plus one street-level commercial office space. Completely gutted and rebuilt just a few years ago by the current ownership, 526 Fallowfield boasts modern systems, finishes, and infrastructure. The result is a clean, efficient building designed for long-term performance and minimal maintenance.
The apartments produce consistent in-place income across a diverse unit mix of one- and two-bedrooms, including on-site coin-operated laundry, and large basement storage, while the commercial storefront adds additional long-term revenue stream and tenant diversification. Current operations support an attractive stabilized return with a proven five-year track record, making this a smart option for investors seeking dependable cash flow without the headaches of deferred maintenance. The recent renovation significantly reduces near-term capital expenditure risk—an advantage rarely found in properties of this size and price point. Positioned strongly along a main corridor in Charleroi’s Central Business District, the property offers strong visibility, easy access, and proximity to local amenities. Whether you’re expanding an existing portfolio or acquiring your first mixed-use asset, this opportunity delivers immediate income, long-term reliability, and future upside in a growing regional market. Welcome to 526 Fallowfield Avenue!...
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Home facts
- Year built:1905
- Listing ID #:1737070
- Added:57 day(s) ago
- Updated:March 13, 2026 at 09:58 AM
Rooms and interior
- Basement:Yes
- Basement Description:Unfinished
Structure and exterior
- Year built:1905
- Lot area:0.05 Acres
Finances and disclosures
- Price:$396,900
- Tax amount:$3,319
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