216 1st Street

Ellwood City, PA 16117

$299,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Value-add multi-family income-property opportunity. This 7 unit building is capable of grossing $78,900 or more per year. The building will need a roof repair, new heating solution for 4 of the units, lead mitigation in one unit and some turnover work in 4 units. Potential ARV is $600k+. Selling as-is. Bring your offers.Value-add multi-family income-property opportunity. This 7 unit building is capable of grossing $78,900 or more per year. The building will need a roof repair, new heating solution for 4 of the units, lead mitigation in one unit and some turnover work in 4 units. Potential ARV is $600k+. Selling as-is. Bring your offers.
  1. Listed by NULF REAL ESTATE

Property Details for 216 1st Street

Parking Spaces
7
Zoning
C-1

Location

Listing Courtesy of NULF REAL ESTATE
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LISTING UPDATED: 06/09/2024 07:58 AM

Property Details for 216 1st Street

StatusActive
MLS #1654760
Days on Market25
Taxes$5,034 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeMulti-Unit / Other
Year Built1972
Lot Size0.07 AC / 2,874 SF
CountyLawrence County

Location

Listing Courtesy of NULF REAL ESTATE
Add your commute

Building Information for 216 1st Street

Stories-Residences-Year Built1972Lot Size0.07 AC / 2,874 SF

Payment Calculator

$2,051 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,632

Property Taxes

$420

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 216 1st Street

Summary
Location and General Information
  • City Name: Ellwood City
  • Postal Code: 16117
  • County Or Parish: Lawrence
  • County M 360: Lawrence
  • State Or Province: Pennsylvania
  • Public Transportation: Yes
Taxes and HOA Information
  • Map Num Block Num Lot Num Info: 13-039700
  • Taxes: $5,034
School Information
  • School District: Ellwood City Area
  • School Transportation: Yes
Parking
  • Parking Description: On-Street Parking
Property
Lot Information
  • Acres: 0.066
  • Lot Size: 42x72
  • Type of Property: Other
  • Area: Ellwood City - LAW
  • Construction: Brick
Property and Assessments
  • Assessment Value: $137,500
  • Insurance: $2,400
  • Maintenance: $3,945
  • Year Built Numeric: 1972
  • Disclaimer: Information Deemed Reliable, But Not Guaranteed
  • Photo Count: 36
Utilities
  • Utilities: $4,800
  • Utilities Available: Electricity, Gas, Other, Sewer, Water
Interior and Exterior Features
Exterior Features
  • Roof: Composition
Interior Features
  • Baths Total: 0.0
Multi Family
Multi-Family Information
  • Num of Units: 7
Income and Expenses
  • Gross Annual Income: $78,900
  • Gross Operating Income: $74,955
  • Net Operating Income: $58,776
Unit Information
Unit 1
  • Unit Full Baths 1: 1
  • UNIT Monthly Rent 1: 950
  • Unit Num Bedrooms 1: 2
Unit 2
  • Unit Full Baths 2: 1
  • UNIT Monthly Rent 2: 825
  • Unit Num Bedrooms 2: 2
Unit 3
  • Unit Full Baths 3: 1
  • UNIT Monthly Rent 3: 800
  • Unit Num Bedrooms 3: 1
Unit 4
  • Unit Full Baths 4: 1
  • UNIT Monthly Rent 4: 875
  • Unit Num Bedrooms 4: 3
Unit 5
  • Unit Full Baths 5: 1
  • UNIT Monthly Rent 5: 850
  • Unit Num Bedrooms 5: 3
Unit 6
  • Unit Full Baths 6: 1
  • UNIT Monthly Rent 6: 1325
  • Unit Num Bedrooms 6: 3
Unit 7
  • Unit Full Baths 7: 1
  • UNIT Monthly Rent 7: 950
  • Unit Num Bedrooms 7: 4
Rental
Rental Information
  • Tenant Occupied: Yes
  • Vacancy Dollars: $3,945
  • Vacancy Percentage: 5

Property History for 216 1st Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 216 1st Street

Taxable ValueLand$15,700Additions$121,800Total$137,500
Tax Record2023$5,034 ($419 / month)
Home Facts
Total Finished SqFt7,800 SqFtAbove Grade Finished SqFt7,800 SqFtStories3Lot Size3,049 SqFtStyleMulti-Family Res (5+ Units)ZoningC-1CountyLAWRENCEAPN13-039700

Schools near 216 1st Street

This home is within Ellwood City Area School District.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - 3 to 4
Public - 5 to 6
Public - 7 to 12
Rating
School
Distance
North Side Primary School
PublicK to 2

Perry Lower Intrmd School
Public3 to 4

Hartman Intrmd School
Public5 to 6

Lincoln Junior-Senior High School
Public7 to 12

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.

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216 1st Street is for sale in Ellwood City, PA 16117. This property was listed for sale on May 22, 2024 by NULF REAL ESTATE, it's currently listed at $299,000. It has been on the market for a total of 25 days and was last sold on May 10, 2022. This listing's school district is Ellwood City Area School District. Nearby schools include North Side Primary School, Perry Lower Intrmd School and Hartman Intrmd School. 216 1st Street is a 0-bed, 0-bath, built in 1972.

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. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NULF REAL ESTATE

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 2024 West Penn Multi-List, Inc.. All Rights Reserved. Last Updated: 06/09/2024 07:58 AM