Commercial Property – Seller Finance at 3%
901 PHILADELPHIA AVE, NORTHERN CAMBRIA, PA 15714
Asking Price: $100,000 – Seller Finance Available
Images and all deal info courtesy of the Melito & Koch Team
Photos Link
*Floor Plans Included
Exterior Photos l Weight Room Photos & Equipment
Upstairs Studio Photos l Bathrooms, Tanning, Locker room Photos
Utility Photos l Additional Photos
Seller Finance Terms
- Purchase Price: $100,000
- Down Payment: $23,500
- Interest Rate: 3%
- 30 year amortization schedule
- Monthly Payment: $322.53
- 15 year balloon payment
- Gym equipment available for additional 10k
Highlights
- Parking lot in rear, around 12 spots
- 3% interest, 30 year amortization schedule
- Equipment available for additional 10k
- Recently Appraised at 140k
- Easily hits the 1% rule at market rent
- Very strong cash on cash return
Projected Financials
*20% holdback for vacancy, maintenance, and management accounted for
- Gross Market Rents: $18,000 ($1500 per month)
- Cap Rate: 11.83%
- Cash on Cash Return: 23.08%
- NOI: $10,056
Utilities
- Heat: oil, new in 2021
- Electric: 200 amp service. electrical redone by previous owner around 2010
- Water Heater: replaced in 2025
- Plumbing: pressure test passed in 2026, mostly cast iron, also copper
Equipment List (Available Separately)
Property Details
- Lot Size: 0.17 acre
- Year Built: 1920’s
- Zoning: commercial
- Stories: 2
- Heat: oil, 2021 serviced regularly
- Electric: 200 amp, updated romex
- Plumbing: pvc, pex, copper
- Water: public
- Sewer: public
- Roof: rubber, new in last 10 years
- Foundation: brick/block
- Windows: original windows
- Water Heater: electric, new in 2025
- Garage: none
- Features: handicap accessible, parking lot in rear
- Flooring: mixed
- Flood Zone: no
- Mold Noted: no
- Water Damage: no
- Water in Basement: no
- Taxes: $2544/yr
Contact Us to Schedule a Walkthrough
The Melito & Koch Team
- Max Melito Direct Line: 814-250-3829
- Email: max@melitoandkoch.com
- Website: melitoandkoch.com
- Facebook: The Melito & Koch Team
Disclosures
- ORAL CONSUMER NOTICE:
- The Real Estate Law requires that I provide you with a written notice that describes the various business relationship choices that you may have with a real estate licensee. Since we are discussing real estate without you having the benefit of the consumer notice, I have the duty to advise you that any information you give me at this time is not considered to be confidential, and any information you give me will not be considered confidential unless and until you and I enter into a business relationship. At our first meeting I will provide you with a written consumer notice which explains those business relationships and my corresponding duties to you.
- HOLD HARMLESS ACKNOWLEDGEMENT:
- The information contained in this email, including attachments, is confidential and may be legally privileged. It is intended solely for the use of the individual or entity to whom it is addressed. If you are not the intended recipient, please notify the sender immediately and delete this email. Real estate investment carries inherent risk, and this email does not constitute legal or financial advice. While I strive to provide accurate and up-to-date information, I make no warranties regarding the correctness of the data or the viability of the investment strategies discussed. By using the information provided, you agree to hold harmless The Morrow Wargo Group, Realty ONE Group Supreme, or any other entity related to our relationship- for any reliance on the content of this correspondence. Investment decisions should be made based on your own due diligence and consultation with financial and legal advisors. As a real estate agent, I provide services to assist in purchasing properties and analyzing data; however, the ultimate responsibility for investment decisions lies with the investor.
- DUE DILIGENCE:
- This deal must be analyzed individually. Investment returns are not guaranteed. All investors should conduct their due diligence. The Melito & Koch Team, Realty ONE Group Supreme, and associated parties are not liable for any inaccuracies or reliance on this information.
