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628 Fallowfield Ave, Charleroi, PA, 15022

6beds
2baths
--sqft
$162,500
--price/sqft
$1,402/moest. monthly cost
$56,080/yrincome needed

About This Home

Unlock the potential of this versatile 2 story commercial building in the heart of Charleroi! Located next to the Charleroi Public Library, this high-visibility property offers a unique blend of commercial & residential space perfect for investors, entrepreneurs, or business owners looking for a central high traffic location. First floor, approx. 4400 sq ft, open concept commercial space with expansive storefront windows, private office & restroom, ideal for retail, office, gallery, or service based businesses. Second floor 3 residential units, 3 BR 2 bath, 2 BR, 1 BR, perfect for rental income or live/work setup. Full basement, spacious and full of development potential, storage, workshop or future expansion. Centrally located, walking distance to shops, cafes, and public transportation. Endless opportunities for retail, mixed use or investment purposes. Whether you are looking to launch your business, grow your portfolio, or live & work in the same building!

Getting Around

79
WalkingVery Walkable
0
TransitVery Limited Transit
36
BikeSomewhat Bikeable

Schools

6/10
Charleroi Area El CenterGrades K-51.7 mi
6/10
3/10

Construction

Condition

  • Year built: 1929

Materials

  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 2

Property

Details

  • Zoning: Comm
  • Zoning description: Comm

Lot

  • Lot size: 4,599 sqft
  • Lot size dimensions: 47 x 99 x 47 x 100

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Inland Flooding
Lightning

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $821$9,852
Home Insurance *$209$2,508
Property Taxes $148$1,776
Electricity $224$2,692
Total$1,402$16,824
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$48,068/yr
40% on housing$42,060/yr
45% on housing$37,386/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.1%
10.1%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: -1.4%
-1.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 15022$67
Washington County$151

vs Homes Sold Last Month

Median $/sqft

ZIP 15022$68
Washington County$140

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-10-24Listed for sale$162,500
2021-05-11Sold$175,000

For Sale by Agent

AgentPaul Bortz
BrokerageCOLDWELL BANKER LAUREL RIDGE REALTY

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