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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!
| DAYS ON MARKET | 1 | LAST UPDATED | 1/14/2026 |
|---|---|---|---|
| YEAR BUILT | 1950 | COMMUNITY | Charleroi Boro |
| COUNTY | Washington | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AREA | Charleroi Boro |
|---|---|
| BASEMENT | Unfinished, Yes |
| LOT | 2178 sq ft |
| LOT DIMENSIONS | .05 |
| TAXES | 3319 |
| UTILITIES | Electricity Available, Natural Gas Available, Sewer Available, Water Available |
| ZONING | CBD |
MORTGAGE CALCULATOR
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