526 Fallowfield Ave Charleroi, PA 15022
Estimated payment $2,332/month
About This Home
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!
Listing Agent
BERKSHIRE HATHAWAY THE PREFERRED REALTY License #AB068466 Listed on: 01/14/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,319
Year Built
- Built in 1950
Lot Details
- 2,178 Sq Ft Lot
Additional Features
- Unfinished Basement
Community Details
Building Details
- Insurance Expense $4,686
- Maintenance Expense $630
Additional Features
- 7 Units
- Public Transportation
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,348 | $106,200 | $12,000 | $94,200 |
| 2024 | $2,943 | $106,200 | $12,000 | $94,200 |
| 2023 | $2,943 | $106,200 | $12,000 | $94,200 |
| 2022 | $2,852 | $106,200 | $12,000 | $94,200 |
| 2021 | $2,852 | $106,200 | $12,000 | $94,200 |
| 2020 | $2,784 | $106,200 | $12,000 | $94,200 |
| 2019 | $2,661 | $106,200 | $12,000 | $94,200 |
| 2018 | $2,505 | $106,200 | $12,000 | $94,200 |
| 2017 | $374 | $106,200 | $12,000 | $94,200 |
| 2016 | $374 | $15,000 | $1,650 | $13,350 |
| 2015 | -- | $15,000 | $1,650 | $13,350 |
| 2014 | $374 | $15,000 | $1,650 | $13,350 |
| 2013 | $374 | $15,000 | $1,650 | $13,350 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/14/2026 01/14/26 | For Sale | $396,900 | +833.9% | -- | |
| 11/15/2013 11/15/13 | Sold | $42,500 | -13.3% | -- | View Prior Sale |
| 09/06/2013 09/06/13 | Pending | -- | -- | -- | |
| 07/01/2013 07/01/13 | For Sale | $49,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $17,500 | None Available | |
| Deed | -- | None Available | |
| Deed | $3,419 | None Available | |
| Warranty Deed | $42,500 | -- |
Source: West Penn Multi-List
MLS Number: 1737070
APN: 1600190007002600
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