Jefferson Place | 19 Multifamily Units

Jefferson Place is an apartment community located in Washington County and the 15301 zip code. This area is served by the Washington attendance zone. Jefferson Place is within 5 minutes or 2.0 miles from Washington & Jefferson. It is also near Pittsburgh Technical Institute and Waynesburg University. Jefferson Place has 3 shopping centers within 3.0 miles (18 Plaza, Jefferson Court Plaza, and Oak Spring Center), ranging from a mere 3 to 7 minute drive. Transportation options available in Washington include West Library transit stop, located 18.4 miles from Jefferson Place. Jefferson Place is near Pittsburgh International, located 32.7 miles or 49 minutes away.Attractive value-add investment opportunity of a multifamily commercial building located at 1090 Jefferson Ave, Washington, PA. The property comprises 19 multifamily units, covering 36,000 SF of building area on 0.68 acres of land. With a full vacancy rate, the property presents an exceptional opportunity for investors to capitalize on the strong rental market in the area by implementing crucial infrastructure improvements, including electrical, plumbing, and air conditioning, to enhance the property's overall value and profitability. Despite the property's current 100% vacancy, the thriving rental market in the area presents a lucrative opportunity for investors to revitalize the property and capitalize on the growing demand for quality rental units, ensuring a potentially rapid lease-up period post-renovation, presenting investors with an opportunity to capitalize on the favorable market in Washington, PA. The property also benefits from its proximity to key amenities and attractions, making it an appealing choice for renters seeking convenient access to schools, shopping centers, and transportation hubs.