$2,500,000

Welcome to Bel-Air Park Town Homes, a 22 unit residential investment property on 5.86 acres of land with quick access to 1-99 and 3.5 miles from downtown Altoona. This unique property is tucked in its 5.86 acre tree covered hill side adjacent to Greenwood Park and includes both Ivan & WIll Lane, two multi-unit townhouse buildings. Each townhouse has ground level entrances on both the first and second floors with its bedrooms and full bath on the third. The second floor offers a living room, and balcony access off the kitchen/dining area with a garage or walk-out on the lower level first floor. Both Ivan & Will Lane buildings provide plenty of off street parking and generous views of the PA Mountains. Ivan Lane features a 10 unit building with nine Integral garages and a coin operated laundry facility as an option for all tenants. Will Lane features a 12 unit building with four integral garages and eight ground level walk-outs which could potentially be converted into additional living space if desired. Will Lane also includes an additional parking lot. Bel-Air town homes offer private living and a turnkey value-add investment opportunity with quick access to I-99, downtown amenities and healthcare! Units are updated when available and as needed, all units are occupied except one vacancy. Additional wooded acreage above both buildings could potentially be developed. The listing agent is related to the seller.