325 East Leasure Avenue

New Castle, PA 16101

$1,285,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Excellent investment opportunity. 2 Buildings with a total of 26 Apartments. 4 (2) bedrooms Apts, and 22 (1) bedroom apts. Fully occupied. Tenants pay for their own electric. There is a laundry room for the tenants. Large private parking lot for all tenants. Additional income was added for the laundry income. Owner pays for Gas, Water, Sewage, landscaping, snow removal and trash.Excellent investment opportunity. 2 Buildings with a total of 26 Apartments. 4 (2) bedrooms Apts, and 22 (1) bedroom apts. Fully occupied. Tenants pay for their own electric. There is a laundry room for the tenants. Large private parking lot for all tenants. Additional income was added for the laundry income. Owner pays for Gas, Water, Sewage, landscaping, snow removal and trash.
  1. Listed by COLDWELL BANKER REALTY

Property Details for 325 East Leasure Avenue

Parking Spaces
30
Zoning
Res

Location

Listing Courtesy of COLDWELL BANKER REALTY
Add your commute
LISTING UPDATED: 04/25/2024 12:02 PM

Property Details for 325 East Leasure Avenue

StatusContingent
MLS #1650126
Days on Market3
Taxes$15,608 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeMulti-Unit / Other
Year Built1969
Lot Size0.93 AC / 40,510 SF
CountyLawrence County

Location

Listing Courtesy of COLDWELL BANKER REALTY
Add your commute

Building Information for 325 East Leasure Avenue

Stories-Residences26Year Built1969Lot Size0.93 AC / 40,510 SF

Payment Calculator

$8,313 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,013

Property Taxes

$1,301

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 325 East Leasure Avenue

Summary
Location and General Information
  • City Name: New Castle
  • Postal Code: 16101
  • County Or Parish: Lawrence
  • County M 360: Lawrence
  • State Or Province: Pennsylvania
  • Directions: Corner of Highland Avenue and E Leasure Avenue
Taxes and HOA Information
  • Map Num Block Num Lot Num Info: 02-186500 and 02-186600
  • Taxes: $15,608
School Information
  • School District: New Castle
  • School Transportation: Yes
Parking
  • Parking Description: General/Common Area
Property
Lot Information
  • Acres: 0.93
  • Lot Size: .93 Acres
  • Type of Property: Other
  • Area: New Castle/2nd
  • Construction: Brick
Property and Assessments
  • Assessment Value: $388,800
  • Insurance: $9,000
  • Year Built Numeric: 1969
  • Disclaimer: Information Deemed Reliable, But Not Guaranteed
  • Photo Count: 1
Utilities
  • Utilities: $40,085
  • Utilities Available: Electricity, Gas, Sewer, Water
Interior and Exterior Features
Exterior Features
  • Roof: Asphalt
Interior Features
  • Baths Total: 0.0
  • Basement: Yes
  • Basement Description: Partial
  • Insulation: Unknown
Multi Family
Multi-Family Information
  • Num of Units: 0
  • Total Numof Units: 26
Income and Expenses
  • Gross Annual Income: $178,404
  • Gross Operating Income: $178,404
  • Net Operating Income: $97,587
  • Other Expenses: $16,124
Rental
Rental Information
  • Tenant Occupied: Yes

Property History for 325 East Leasure Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 325 East Leasure Avenue

Taxable ValueLand$60,800Additions$328,000Total$388,800
Tax Record2023$15,609 ($1,301 / month)
Home Facts
Total Finished SqFt5,143 SqFtAbove Grade Finished SqFt5,143 SqFtStories1Lot Size40,511 SqFtStyleMulti-Family Res (5+ Units)ZoningRCountyLAWRENCEAPN02-186500

Schools near 325 East Leasure Avenue

This home is within New Castle Area School District.
Rating
School
Type
Grades
Distance
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 2
Rating
School
Distance
Washington Intrmd School
Public3 to 5

NEW CASTLE JHS
Public6 to 8

New Castle Junior-Senior High School
Public9 to 12

Harry W Lockley Early Learning Center
PublicK to 2

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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 COLDWELL BANKER REALTY

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: 04/25/2024 12:02 PM