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201 Water St, 
Fayette City, PA 15438

$69,900


Bed


Bath


-

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Marie Slagus

Howard Hanna Mid Mon Valley Office

Last updated:

May 13, 2026, 10:06 AM

MLS#

1751973

Source:

PA WPN

About This Home

201 Water St

This property offers exceptional investment potential, featuring a fully renovated turn-key unit and a second spacious unit ready for completion, mostly cosmetic. Currently configured as a duplex, the layout allows for an easy conversion into a triplex, creating multiple income-producing opportunities. Even better, the property already has separate utilities, making management and tenant billing simple and efficient. The first unit is completely upgraded, never lived in, and ready to rent immediately—perfect for generating instant cash flow. The second unit is a large three-bedroom rental with excellent layout flexibility. With its generous square footage, it can be split to create an additional rental unit, transforming the entire property into a three-unit building and each tennant having their own entrance. A major advantage is the existing plumbing infrastructure: The laundry room on the left as you enter can be converted into a full bathroom, with the original tub still behind the wall on the right side of the current laundry room, making the upgrade even easier. Parking is convenient with plenty of on-street parking plus one dedicated spot on the property. Whether you’re an investor seeking strong rental income or a buyer looking for a property with built-in expansion potential, this versatile duplex—with its straightforward path to becoming a triplex and its separate utilities—delivers outstanding value and opportunity.

Home Facts

Multi-Family

Built in 1850

Price Summary

69,900

MLS #:

1751973

Last Updated:

May 13, 2026, 10:06 AM

Added:

9 day(s) ago


Structure

Structure

Year Built:

1850


Lot

Lot Size (Sq. Ft):

6,067


Finances & Disclosures

Finances

Price:

$69,900

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Last Updated May 13, 2026. Information deemed reliable but not guaranteed. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.