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sales rep | Brivity IDX

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170 Valley & 12,14 South Spruce St , Lewistown, PA 17044
$399,900
Est. Payment: $2,160.33/mo
10000 Sqft
0.1 Acres
Status: active | Days on site: 39
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108058B - 3239164
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House Description

This unique investment opportunity offers a combination of existing rental income and substantial redevelopment potential across three adjoining properties in Lewistown with nursing schools and hospitals in the area to drive demand. 170 Valley St provides the immediate income component of the package, with 5 residential units already renovated and occupied. Residential units, along with a large garage are generating $4,790.00 per month. This creates the opportunity for the front building to help carry the property and offset expenses while renovations are completed on the two buildings located behind it. 14 S Spruce St offers an excellent value-add opportunity with the potential to be renovated into a two-unit residential property, one 1 Bedroom unit and one 2 Bedroom unit. This building has a NEW roof and 2 new electrical panels. 12 S Spruce St provides even greater flexibility. The building offers the potential to be repositioned as a rooming house or developed as a mixed-use property featuring a storefront or commercial space on the lower level with residential units above. Its open layout gives an investor the ability to explore several redevelopment strategies depending on their business plan and applicable municipal approvals. Lewistown continues to offer demand for rental housing, making this an opportunity for an investor looking to create additional units and expand cash flow over time. The ability to generate income from the existing front property while renovating and repositioning the two rear buildings creates a particularly attractive setup for a phased redevelopment strategy. Whether the goal is traditional apartments, room rentals, mixed-use space, or a combination of strategies, this property package offers multiple paths to create value. Bring your vision, explore the possibilities, and take advantage of the opportunity to build a larger income-producing property in an area with continued rental demand. Schedule your showing today and see what this unique Lewistown investment could become.

Highlights

Listed by Kathryn Mardis , 7175870649 Iron Valley Real Estate of Lancaster , 7177402221. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.1

Year Built

1930

County

Mifflin

Area

Lewistown Boro (156010)

School District

Mifflin County

Listing ID

PAMF2053568

Questions about this listing?

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Interior Features

Air Cond:Ductless/Mini-Split
Fireplaces:
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Zoning:ARMAGH TWP
Sewer:Public Sewer
Parking Features:On Street,Private Garage
Principal Interest
$2,160
Taxes
$340

Home Price

$399,900

Loan Details

30 yrs
7.148%

Down Payment

20%
$79,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,160.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,160.33 $339.75 $0.00 $2,500.08
Yearly $25,923.95 $4,077.00 $0.00 $30,000.95
Total $777,718.45 $122,310.00 $0.00 $900,028.45
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Lewistown, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T11:13:36.000Z

© 2026 Bright MLS