1. Pennsylvania
2. Richland
3. 9 S RACE ST

9 S RACE ST, Richland, PA 17087

• 2,524 sqft

Property Description

This well-maintained residential property offers a versatile investment or living opportunity. The property is currently configured as a 5-bedroom home, divided into two separate units: a 3-bedroom front unit and a 2-bedroom rear unit. This setup presents income potential through rental opportunities or the possibility to convert it back into a single-family residence. The front unit features three bedrooms and includes access to half of the garage space. It is currently rented for $1,375per month, plus utilities. The current lease agreement extends until December 1, 2025, at which point it can be renewed on a month-to-month basis. The rear unit offers two bedrooms (one being a walk-through) and also includes access to the other half of the garage. The current rent for this unit is $825 per month, plus utilities, and the tenants are currently on a month-to-month lease. The owner pays for trash, water, and sewer expenses,, as well as property taxes. The property's layout and separate unit configuration make it ideal for investors looking for rental income or for families seeking in-law quarters or a multi-generational living arrangement. The option to revert the property to a single-family home provides additional flexibility. Consider the possibilities this property offers, whether you're an investor or home buyer wanting multiple options from your real estate investment.

Listing Status:

Pending

Date Added:

June 18, 2025 at 05:00AM

Listing Office:

Iron Valley Real Estate : 7177692986

Listing Agent:

Tammy Smith : 7172690380

MLS ID:

PALN2021102

Interior

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Tammy Smith, Iron Valley Real Estate