411 Maplewood Avenue

Ambridge, PA 15003

$365,000
Last Sold Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Unique opportunity to acquire a self storage facility with 4 apartments above. This building has immense potential. All four units were recently renovated and fully occupied. Apartments pay all their own utilities. 32 Self Storage units of varying sizes – 5x10, 5x15, 10x15 – majority are 5x10. Keypad access for tenants of self storage. Higher vacancy on self storage currently, for a new owner there's great potential once leasing the self storage units. Pro Forma cap rate is over 10%. Located centrally...Unique opportunity to acquire a self storage facility with 4 apartments above. This building has immense potential. All four units were recently renovated and fully occupied. Apartments pay all their own utilities. 32 Self Storage units of varying sizes – 5x10, 5x15, 10x15 – majority are 5x10. Keypad access for tenants of self storage. Higher vacancy on self storage currently, for a new owner there's great potential once leasing the self storage units. Pro Forma cap rate is over 10%. Located centrally right near Ambridge's growing business district. Easy access to major roadways.
  1. Listed by RIVER POINT REALTY, LLC

Property Details for 411 Maplewood Avenue

Zoning
C

Location

Listing Courtesy of RIVER POINT REALTY, LLC

Sold By EXP REALTY LLC

Add your commute
LISTING UPDATED: 04/04/2022 08:01 AM

Property Details for 411 Maplewood Avenue

StatusSold
MLS #1533199
Days on Market109
Taxes$3,915 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Unit
Year Built1930
Lot Size0.10 AC / 4,356 SF
CountyBeaver County

Location

Listing Courtesy of RIVER POINT REALTY, LLC

Sold By EXP REALTY LLC

Add your commute

Building Information for 411 Maplewood Avenue

Stories-Residences36Year Built1930Building Size-Lot Size0.10 AC / 4,356 SF

Payment Calculator

$2,318 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,992

Property Taxes

$326

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 411 Maplewood Avenue

Summary
Location and General Information
  • City Name: Ambridge
  • Postal Code: 15003
  • County Or Parish: Beaver
  • County M 360: Beaver
  • State Or Province: Pennsylvania
  • Public Transportation: Yes
Taxes and HOA Information
  • Map Num Block Num Lot Num Info: 09-002-0121.000
  • Taxes: $3,915
School Information
  • School District: Ambridge
  • School Transportation: Yes
Parking
  • Parking Description: On-Street Parking
Property
Lot Information
  • Acres: 0.1
  • Lot Size: 0.1
  • Type of Property: Fourplex, Other
  • Area: Ambridge
  • Construction: Brick
Property and Assessments
  • Assessment Value: $54,400
  • Insurance: $2,200
  • Maintenance: $4,512
  • Year Built Numeric: 1930
  • Disclaimer: Information Deemed Reliable, But Not Guaranteed
  • Photo Count: 12
Utilities
  • Utilities: $200
  • Utilities Available: Electricity, Gas, Sewer, Water
Interior and Exterior Features
Interior Features
  • Baths Total: 0.0
  • Basement: No
Multi Family
Multi-Family Information
  • Num of Units: 2
  • Total Numof Units: 36
Income and Expenses
  • Gross Annual Income: $74,100
  • Gross Operating Income: $64,455
  • Net Operating Income: $48,616
  • Other Expenses: $500
Unit Information
Unit 1
  • Unit Full Baths 1: 1
  • UNIT Monthly Rent 1: 750-850
  • Unit Num Bedrooms 1: 3
Unit 2
  • Unit Full Baths 2: 0
  • UNIT Monthly Rent 2: 60-90
  • Unit Num Bedrooms 2: 0
  • Unit Partial Baths 2: 0
Rental
Rental Information
  • Tenant Occupied: Yes
  • Vacancy Dollars: $9,645
  • Vacancy Percentage: 13

Property History for 411 Maplewood 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 411 Maplewood Avenue

Taxable ValueLand$4,950Additions$22,250Total$27,200
Tax Record2023$3,916 ($326 / month)
Home Facts
Total Finished SqFt8,800 SqFtAbove Grade Finished SqFt8,800 SqFtStories2Lot Size4,356 SqFtStyleMiscellaneous CommercialYear Built1930CountyBEAVERAPN09-002-0121.000

Schools near 411 Maplewood Avenue

This home is within Ambridge Area School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Highland El School
PublicPK to 5

Ambridge Area Junior High School
Public6 to 8

Ambridge Area High School
Public9 to 12

State Street Elementary School
PublicPK to 5

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

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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 RIVER POINT REALTY, LLC

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: 04/04/2022 08:01 AM