1042 W Main St, Sharpsville, PA 16150

INVESTORS & DEVELOPERS TAKE NOTE: RARE SIDE-BY-SIDE PACKAGE DEAL IN SHARPSVILLE BOROUGH! Address: 1040 & 1042 West Main Street, Sharpsville, PA 16150 Property Type: Package Deal / Multi-Parcel Real Estate Investment Municipality: Sharpsville Borough | Mercer County School District: Sharpsville Area School District An incredible turn-key or value-add portfolio addition! This listing combines two adjacent properties (1040 & 1042 West Main Street) into one premier investment package. Positioned directly on West Main Street in a quiet, established neighborhood, this package offers flexible strategies—whether your goal is long-term buy-and-hold rental income, a multi-unit repositioning, or strategic site development. Property Overview & Public Record Details Parcel 1: 1042 West Main Street Structure: 2-Story Single-Family Residence (2,176 sq. ft. finished living area) Lot Size: 0.22 Acres (58' x 165' depth | 9,570 sq. ft.) Parcel/APN: 72-835-006 Utilities: Public Water, Public Sewer Current Annual Taxes: $2,199 (Mercer County) Parcel 2: 1040 West Main Street: Structure/Lot: Adjacent parcel ideal for expansion, secondary build, dedicated parking, or compound-style landscaping layout. Proximity: Immediately adjoins 1042 W Main St, doubling control of the street frontage along West Main Street. Utilities: Public infrastructure at the street line. Investment Highlights & Portfolio Value High Rental Demand Area: Low vacancy rates across Mercer County, with strong local demand for workforce housing and long-term rentals. Location & Accessibility: Located 0.7 miles from Sharpsville Area Elementary, 0.8 miles from Sharpsville Middle/Senior High School, and just minutes from local retail, dining, and Shenango River Lake recreation. Flexible Strategy: Option A: Renovate/update 1042 W Main to maximize monthly cash flow or execute a profitable BRRRR (Buy, Rehab, Rent, Refinance, Repeat). Option B: Combine both lots to create a custom multi-family, multi-garage, or expanded residential compound (subject to borough zoning). Option C: Owner-occupy one property while monetizing/developing the adjoining footprint. Property Details Checklist for Prospective Buyers Occupancy Status: 1040 is occupied by tenant. Mechanicals & Updates: 1042 Roof is 7 years old, new hot water tank (1 month old), brand new windows (4 years old). 1040 Roof is 6 years old, new furnace, AC and hot water tank (3 years old). Asking Price:$160,000 Opportunities to acquire contiguous parcels on West Main Street rarely come to market together. Proof of funds or pre-approval required prior to scheduling private tours.