About This Home

This land at 249 Washington Rd in Waynsbrg/Frankln Twp, PA is listed for $495,000 (0.25 acres).

Key Features

  • 0.25 acre lot
Listing Description

Don't miss this rare multi-income property package located just outside of Waynesburg, minutes from Waynesburg University and with easy access to Morgantown, WV, Pittsburgh, PA and Pittsburgh International Airport. This unique package offers multiple streams of income and future development potential all in one purchase.

The property includes 5 small residential homes on cement slabs, featuring four 2-bedroom, 1-bath units and one 1-bedroom, 1-bath home, making it ideal for student housing, workforce rentals, short-term rentals, or long-term tenants. With the close proximity to the university, this location is perfectly positioned to attract steady rental demand.

This particular listing consists of a vacant lot that is just past Unit #5. Adding even more upside, the property also includes a vacant standalone building ready for commercial conversion-perfect for a hair salon, barber shop, boutique office, coffee spot, or other small business venture.

Investors and entrepreneurs alike will appreciate the flexibility this additional structure provides. As a bonus, two small vacant parcels are included, offering room for future expansion, additional parking, storage units, new construction, or added outdoor amenities.

This is the kind of high-potential mixed-use investment opportunity that rarely hits the market-multiple residences, commercial possibilities, and land for future growth in a strategic location near major travel corridors. Whether you're looking to expand your rental portfolio, create student housing, or develop a mixed-use income property, this one checks all of the boxes. All 5 homes are currently rented so if you're ready to purchase a great investment property for your portfolio, look no further!

Location

249 Washington Rd

Waynsbrg/Frankln Twp, PA 15370

Questions & Answers

This 0-bedroom, 0-bathroom land at 249 Washington Rd is listed at $495,000. The estimated monthly payment is $2,647 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.25 acre lot.

This property is listed by Joseph Ross.

JR

Joseph Ross

License RS368325

Agent at Realty ONE Group Gold Standard

Listed by Realty ONE Group Gold Standard · Broker phone: (724) 941-1427 · View on Broker Site · Broker website

MLS# 1747817· Source: West Penn Multi List, Inc.· 205 days on PropertySimple

Copyright © 2026 West Penn Multi List, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

249 Washington Rd, Waynsbrg/Frankln Twp, PA 15370

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