Investors take notice!

This could be a extraordinary income-providing opportunity. This tri-plex has a first-floor apartment with 2 bedrooms/ 2 baths, the second floor is split into two units, one unit has 2 bedrooms/ 1 bath and the other unit has 1 bedroom/ 1 bath. Units have open floor plans and a surprising amount of storage space.

Each unt has washer/ dryer ho okups. All utilities are separated for each unit. (tenants pay separately from rent, for their water/sewage/garbage) Rents are currently low due to being long-time tenants who are on month-to-month leases. Upper 2 units are being rented together by family members at this time as one unit but could be rented as separate, as set up to be.

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on 438 Fairmont Ave
in Meadville, PA
Presented by Christine Brown at
RE MAX Hometown Realty.


Property MLS #175928 from Erie

+ Reveal additional info including schools and tax history

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+ Bedrooms

Bedrooms: 5

+ Heating and Cooling

Heating Features: ForcedAir, Gas
Heating: Yes

+ Land Info

Lot Description: RollingSlope
Lot Size Dimensions: 100x126x100x126

+ Exterior and Lot Features

Road Surface Type: Paved

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ School Information

Elementary School District: Crawford Central
High School District: Crawford Central
Middle or Junior School District: Crawford Central
+ Display Complete School Details

Meadville Area Middle School (MAMS) is a public middle school located approximately 1.1 miles away.
Map directions

Meadville Area Senior High School is a public high school located approximately 1.1 miles away.
Map directions

Seton Catholic School is a private elementary and middle school located approximately 0.2 miles away.
Map directions

Second District Elementary School is a public elementary school located approximately 0.3 miles away.
Map directions

+ Multi-Unit Info

Number of Units In Community: 3
Number of Units: 3

+ Rental Info

Gross Income: 13200
Security Deposit: 3000

+ Other Property Info

Annual Tax Amount: 1996
Source Listing Status: Pending
County: Crawford
Directions: Liberty St to Fairmont property on right.
Tax Year: 2024
Source Property Type: ResidentialIncome
Area: 19 - Meadville City
Source Neighborhood: 19 - Meadville City
Parcel Number: 3500-010-70045
Postal City: Meadville
Township: Meadville
Zoning: M-1
Zoning Description: M-1
Property Subtype: MultiFamily
Source System Name: C2C
+ Reveal Property Sale History

Price Changed 2024-05-24
$60,000
Erie

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Price Changed 2024-05-09
$65,000
Erie

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Listed 2024-05-02
$75,000
Erie

+ Commercial Info

Net Operating Income: 11204

+ Building and Construction

Total Square Feet Living: 2696
Building Area Total: 2696
Construction Materials: VinylSiding
Levels: Two
Living Area Source: Assessor
Property Condition: Resale
Roof: Metal
Levels or Stories: 2
Architectural Style: TwoStory

+ Utilities

Sewer: PublicSewer
Water Source: Public