$188,900 Price Analysis    ♡   Meadville, PA 16335 6 bed None bath 4,008 SqFt ($47/SqFt) Listed 2022-09-09 | ✓ USDA Eligible near Meadville, PA Restrictions may apply due to home size |
Commercial property in city areas o ften represents a golden opportunity for investors seeking to capitalize on the world of real estate.
Start with this property with 5 income producing units with one apartment being updated, a newer roof and back rear porches. Great locaton close to the hospital and Allegheny College. Plenty of parking!
Moreover, commercial leases tend to be longer, providing a more stable income stream and reducing the frequency of tenant turnover.
Presented by David Gordon at
ERA Richmond Real Estate Service - Meadville.
Property MLS #165467 from Erie
Bedrooms: 6
Heating Features: ForcedAir, Gas
Heating: Yes
Heating: Yes
Lot Description: Level, MineralRights
Lot Size Dimensions: 88x177x82x165
Lot Size Dimensions: 88x177x82x165
Garage Spaces: 4
Garage Description: Detached, Garage
Parking Features: Detached, Garage
Parking Total: 10
Garage Description: Detached, Garage
Parking Features: Detached, Garage
Parking Total: 10
Road Surface Type: Paved
Association: No
Calculated Total Monthly Association Fees: 0
Calculated Total Monthly Association Fees: 0
Elementary School District: Crawford Central
High School District: Crawford Central
Middle or Junior School District: Crawford Central
High School District: Crawford Central
Middle or Junior School District: Crawford Central
First District El School is a public elementary school located approximately 0.3 miles away.
Map directions
Map directionsMeadville Area Middle School (MAMS) is a public middle school located approximately 0.9 miles away.
Map directions
Map directionsMeadville Area Senior High School is a public high school located approximately 0.9 miles away.
Map directions
Map directionsCreating Landscapes Learning Center is a private elementary and middle school located approximately 0.3 miles away.
Map directions
Map directionsNumber of Units In Community: 5
Number of Units: 5
Number of Units: 5
Gross Income: 28200
Security Deposit: 3000
Security Deposit: 3000
Annual Tax Amount: 3503
Source Listing Status: Active
County: Crawford
Directions: From CCCH: Diamond to N Main, R on North St, Continue on State St, Property will be on the left.
Tax Year: 2022
Source Property Type: ResidentialIncome
Area: 19 - Meadville City
Source Neighborhood: 19 - Meadville City
Parcel Number: 3400-008-D-35
Postal City: Meadville
Township: Meadville
Zoning: B-2
Zoning Description: B-2
Property Subtype: MultiFamily
Source System Name: C2C
Source Listing Status: Active
County: Crawford
Directions: From CCCH: Diamond to N Main, R on North St, Continue on State St, Property will be on the left.
Tax Year: 2022
Source Property Type: ResidentialIncome
Area: 19 - Meadville City
Source Neighborhood: 19 - Meadville City
Parcel Number: 3400-008-D-35
Postal City: Meadville
Township: Meadville
Zoning: B-2
Zoning Description: B-2
Property Subtype: MultiFamily
Source System Name: C2C
Price Changed 2024-04-11
$188,900
Erie
Price Changed 2024-02-07
$198,900
Erie
Price Changed 2023-08-24
$212,500
Erie
Price Changed 2023-07-17
$235,700
Erie
Price Changed 2023-06-13
$258,700
Erie
Price Changed 2023-05-05
$279,900
Erie
Price Changed 2022-11-03
$289,900
Erie
Listed 2022-09-09
$296,700
Erie
$188,900
Erie
Price Changed 2024-02-07
$198,900
Erie
Price Changed 2023-08-24
$212,500
Erie
Price Changed 2023-07-17
$235,700
Erie
Price Changed 2023-06-13
$258,700
Erie
Price Changed 2023-05-05
$279,900
Erie
Price Changed 2022-11-03
$289,900
Erie
Listed 2022-09-09
$296,700
Erie
Net Operating Income: 24960
Total Square Feet Living: 4008
Building Area Total: 4008
Construction Materials: Frame, Mixed
Levels: Two
Living Area Source: Assessor
Roof: Composition
Levels or Stories: 2
Architectural Style: TwoStory
Building Area Total: 4008
Construction Materials: Frame, Mixed
Levels: Two
Living Area Source: Assessor
Roof: Composition
Levels or Stories: 2
Architectural Style: TwoStory
Sewer: PublicSewer
Water Source: Public
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.