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$75,000   Price Analysis
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840/842 Allegheny Ave
Oil City, PA 16301
6 bed 2 bath 2,624 SqFt ($28/SqFt)
7,000SqFt lot. Built 1900
Listed 2024-05-30, Taxes $1,178
USDA Eligible
near Oil City, PA
 Restrictions may apply
due to home size

Good income opportunity in Cranberry School District.

Larg e Duplex, ech side containing 3 beds and one bath. Walk up attic with plenty of storage.

Both sides rented with leases expiring in May of 2025.


Presented by Brian Wice at
Richards & Richards Real Estate Llc.


Property MLS #159262 from AlleghenyValley

Bedrooms: 6

Basement Features: Full

Full Bathrooms: 2

Fuel Expense: 145
Heating Features: # Heating Systems: 2
Heating Fuel: Gas
Water Heaters: Gas

Lot Size Acres: 0.1606979
Lot Size Dimensions: 50x140
Lot Size Square Feet: 7000

Parking Features: Parking Available: OffPremises, # Parking: 1.00

Number of Units: 2
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 3
Total Bathrooms in Unit-1: 1.00
Total Bathrooms in Unit-2: 1.00
Total Rooms in Unit-1: 6
Total Rooms in Unit-2: 6
Unit-1 Square Feet: 1312
Unit-2 Square Feet: 1312
Unit 1 Total Actual Rent: 500
Unit 2 Total Actual Rent: 600

School District: Cranberry

Cranberry El School is a public elementary school located approximately 3.6 miles away.
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Cranberry Area Junior-Senior High School is a public middle and high school located approximately 3.7 miles away.
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St Stephen Elementary School is a private elementary, middle and high school located approximately 0.6 miles away.
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Electric-Circuit Break-100 Amp
Annual Tax Amount: 1220.00
Source Listing Status: Active
County: Venango
Directions: From VCCH, Liberty Street to Route 8 North, Right onto Petroleum Street, Left onto W. first, Right onto Wilson Ave, Left onto E. 4th. Continue onto Allegheny Ave, Property on your right. Look for sign.
Tax Year: 2024
Source Property Type: Residential Income
Insurance Expense: 364.00
Number of Separate Electric Meters: 2
Number of Separate Water Meters: 2
Parcel Number: 08, 031.-115..-000
Zoning: R-2
Property Subtype: Multi-Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$46,260 + $5,290
$51,550
$1,178
2022$46,260 + $5,290
$51,550
$1,161
2021$46,260 + $5,290
$51,550
$1,161
2020$46,260 + $5,290
$51,550
$1,161
2019$46,260 + $5,290
$51,550
$1,161
2018$46,260 + $5,290
$51,550
$1,138
2017$46,260 + $5,290
$51,550
$1,164
2016$46,260 + $5,290
$51,550
$1,150
2015$46,260 + $5,290
$51,550
$1,150
2014$46,260 + $5,290
$51,550
$1,131
2013$46,260 + $5,290
$51,550
$1,116
2012$46,260 + $5,290
$51,550
$386
2010$46,260 + $5,290
$51,550
$1,026
2009$46,260 + $5,290
$51,550
$1,002
2008$46,260 + $5,290
$51,550
$1,002
2006$46,260 + $5,290
$51,550
$1,002

Price Changed 2024-07-15
$75,000
AlleghenyValley
Listed 2024-05-30
$82,500
AlleghenyValley
Sold 1979-07-02
$25,500
Public Record

Operating Expense: 1584.00

Total Square Feet Living: 2624
Year Built: 1900
Building Exterior Type: Wood Siding
Construction Materials: Wood Frame
Property Age: 124
Roof: Composition
Levels or Stories: 2.0

Electric: 150.00
Gas: 2
Sewer: Public Sewer
Water Sewer Expense: 65.00
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.