121 North Locust Street

Ambridge 15003

$1,175,000
Price
$1,175,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Property Details

StatusIn Contract
MLS #1338408
Year Built1962
DOM358
Compass TypeMulti Family
MLS TypeMulti-Unit / Other
Lot Size-
Taxes$17,595 / year
Condo/Co-op Fees-
HOA Fees-
CountyBeaver County

Listing Agent

Ryan Brown

RIVER POINT REALTY, LLC

rbrown@riverpointpgh.com

P: 412.415.1115

M: 412.512.7730

Contact Agent(s)

Property Details

Area
Ambridge
School District
Ambridge
Parking Spaces
20
Zoning
C
Construction
Brick, Concrete
Basement
Yes

Description

Take advantage of this rare opportunity to acquire a 26 unit building! This well built property is constructed with a mix of 2 and 3 bedroom units, 2 laundry rooms, storage units, and common parking lot. The owner has renovated units over the last few years and all but one have been updated. Tenants pay their own electric. Owner pays gas, water, sewage, and trash. Boiler system heats entire building. Coin-operated laundry units not leased, they convey with building. Must see to appreciate how solidly...

Building Information

Stories-Residences26Year Built1962Building Size-Lot Size-

Payment Calculator

$6,201 per month

30 year fixed, 4.45% Interest

Principal and Interest

$4,735

Property Taxes

$1,466

HOA Dues

$0

Property Information for 121 North Locust Street

Summary
    Location and General Information
  • Directions: From 65, R on 4th, R on Locust
  • Map Num Block Num Lot Num Info: 09-005-0608.000 & 09-005-0624.001
  • Public Transportation: Yes
  • School Transportation: Yes
    Parking
  • Parking Type: General/Common Area
Property
    Lot Information
  • Lot Size: 0.8
    Property and Assessments
  • Assessment Value: $128,450
  • Insulation: Yes
  • Insurance: $3,500
  • Maintenance: $10,215
  • Years Old: 1962
  • Disclaimer: Information Deemed Reliable, But Not Guaranteed
    Utilities
  • Utilities Available: Electricity, Gas, Sewer, Water
  • Utilities: $49,319
Multi Family
    Multi-Family Information
  • Gross Annual Income: $209,300
  • Gross Operating Income: $194,999
  • Net Operating Income: $110,381
  • Other Expenses: $3,989
  • Tenant Occupied: Yes
  • Unit Count: 2
  • Vacancy Dollars: $14,301
  • Vacancy Percentage: 7
Interior and Exterior Features
    Exterior Features
  • Roof: Composition

Property History for 121 North Locust Street

DateEvent & SourcePriceAppreciation
May 11, 2019In Contract

WPMLS #1338408

Dec 4, 2018Price Change

WPMLS #1338408

$1,175,000
May 18, 2018Listed (Active)

WPMLS #1338408

$1,390,000
DateEvent & SourcePrice
05/11/2019
In Contract

WPMLS #1338408

12/04/2018
Price Change

WPMLS #1338408

$1,175,000
05/18/2018
Listed (Active)

WPMLS #1338408

$1,390,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools in Ambridge

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Ambridge Area High SchoolPublic9-120.9 mi
4
Highland El SchoolPublicK-61.0 mi
3
State Street Elementary SchoolPublicK-63.5 mi
5
Economy El SchoolPublicK-65.8 mi
7

Ambridge Area High School

9-12, 0.9 mi, Public

4

Highland El School

K-6, 1.0 mi, Public

3

State Street Elementary School

K-6, 3.5 mi, Public

5

Economy El School

K-6, 5.8 mi, Public

7

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.
The information is being provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2019 West Penn Multi-List, Inc.. All Rights Reserved. Last Updated: 07/17/2019 06:37 AM