541 Midland Avenue

Midland, PA 15059

$79,900
Price
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Beds
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Description

Turnkey investment property in the heart of Midland. Turnkey investment property in the heart of Midland ( 2) 1 BR Apartments on second floor with a strong rental history. Commercial storefront is currently vacant and ready for its new tenants. Kitchen in commercial unit has new gas stove, stainless prep sink, and new fridge. There is also 1 BR and a small living area. Would be perfect for business owner to occupy commercial space in the front and live in the back. Needs some work but is ready for...Turnkey investment property in the heart of Midland. Turnkey investment property in the heart of Midland ( 2) 1 BR Apartments on second floor with a strong rental history. Commercial storefront is currently vacant and ready for its new tenants. Kitchen in commercial unit has new gas stove, stainless prep sink, and new fridge. There is also 1 BR and a small living area. Would be perfect for business owner to occupy commercial space in the front and live in the back. Needs some work but is ready for new buildout. 3 off Street Parking Spaces. Separate gas/water/ electric to each unit. New roof in 2018. Current tenants on month to month lease.
  1. Listed by EXP REALTY LLC

Property Details for 541 Midland Avenue

Parking Spaces
3
Zoning
C

Location

Listing Courtesy of EXP REALTY LLC
Add your commute
LISTING UPDATED: 12/05/2023 06:07 PM

Property Details for 541 Midland Avenue

StatusActive
MLS #1634490
Days on Market144
Taxes$1,973 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Unit / Triplex
Year Built1937
Lot Size0.06 AC / 2,613 SF
CountyBeaver County

Location

Listing Courtesy of EXP REALTY LLC
Add your commute

Building Information for 541 Midland Avenue

Stories-Residences3Year Built1937Building Size-Lot Size0.06 AC / 2,613 SF

Payment Calculator

$600 per month

30 year fixed, 7.25% Interest

Principal and Interest

$436

Property Taxes

$164

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 541 Midland Avenue

Summary
Location and General Information
  • City Name: Midland
  • Postal Code: 15059
  • County Or Parish: Beaver
  • County M 360: Beaver
  • State Or Province: Pennsylvania
  • Directions: GPS. Park in front of building.
Taxes and HOA Information
  • Map Num Block Num Lot Num Info: 33-005-0410.000
  • Taxes: $1,973
School Information
  • School District: Midland Borough
Parking
  • Parking Description: Off-Street Parking
Property
Lot Information
  • Acres: 0.06
  • Lot Size: 0.06
  • Type of Property: Triplex
  • Area: Midland Boro
  • Construction: Brick
Property and Assessments
  • Assessment Value: $131,000
  • Insurance: $2,000
  • Maintenance: $2,200
  • Year Built Numeric: 1937
  • Disclaimer: Information Deemed Reliable, But Not Guaranteed
  • Photo Count: 39
Utilities
  • Utilities: $6,199
  • Utilities Available: Electricity, Gas, Sewer, Water
Interior and Exterior Features
Interior Features
  • Baths Total: 0.0
  • Basement: Yes
  • Basement Description: walk up
  • Insulation: Unknown
Multi Family
Multi-Family Information
  • Num of Units: 3
  • Total Numof Units: 3
Income and Expenses
  • Gross Annual Income: $22,000
Unit Information
Unit 1
  • Unit Full Baths 1: 1
  • UNIT Monthly Rent 1: 450
  • Unit Num Bedrooms 1: 1
Unit 2
  • Unit Full Baths 2: 1
  • UNIT Monthly Rent 2: 700
  • Unit Num Bedrooms 2: 1
Unit 3
  • Unit Full Baths 3: 1
  • UNIT Monthly Rent 3: 700
  • Unit Num Bedrooms 3: 1
  • Unit Partial Baths 3: 1
Rental
Rental Information
  • Tenant Occupied: Yes
  • Vacancy Dollars: $444
  • Vacancy Percentage: 2

Property History for 541 Midland 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 541 Midland Avenue

Taxable ValueLand$1,800Additions$8,950Total$10,750
Tax Record2023$1,023 ($85 / month)
Home Facts
Total Finished SqFt2,880 SqFtAbove Grade Finished SqFt2,880 SqFtStories2Lot Size2,614 SqFtStyleFinancial BuildingYear Built1937CountyBEAVERAPN33-005-0410.000Fireplace TypeHas Fireplace

Schools near 541 Midland Avenue

This home is within Midland Borough School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Rating
School
Distance
Midland El/Middle School
PublicPK to 8

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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541 Midland Avenue is a multi-family home for sale in Midland, PA 15059. This property was listed for sale on December 5, 2023 by EXP REALTY LLC, it's currently listed at $79,900. It has been on the market for a total of 144 days and was last sold on September 13, 2018. This listing's school district is Midland Borough School District. Nearby schools include Midland El/Middle School. 541 Midland Avenue is a 0-bed, 0-bath, multi-family home built in 1937.

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 EXP 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: 12/05/2023 06:07 PM