716 Water Street

Indiana, PA 15701

$49,000
Price
—
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Under Contract

Under Contract

Description

Handyman's Special: renovate and realize the potential of this four unit commercial and residential investment property in the heart of Indiana Borough. Includes a commercial space, an efficiency apartment, a one bedroom apartment, and a two bedroom apartment. Property is located one block from Philadelphia Street, right next to IRMC Park and within walking distance to most everything downtown. Great potential.Handyman's Special: renovate and realize the potential of this four unit commercial and residential investment property in the heart of Indiana Borough. Includes a commercial space, an efficiency apartment, a one bedroom apartment, and a two bedroom apartment. Property is located one block from Philadelphia Street, right next to IRMC Park and within walking distance to most everything downtown. Great potential.
  1. Listed by HOWARD HANNA KUZNESKI & LOCKARD R.E. - INDIANA

Property Details for 716 Water Street

Zoning
C1
LISTING UPDATED: 09/16/2024 01:42 PM

Property Details for 716 Water Street

StatusUnder Contract
MLS #1636836
Days on Market255
Taxes$4,360 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Unit / Fourplex
Year Built1910
Lot Size0.07 AC / 3,049 SF
CountyIndiana County

Building Information for 716 Water Street

Stories-Residences4Year Built1910Building Size-Lot Size0.07 AC / 3,049 SF

Property Information for 716 Water Street

Summary
Location and General Information
  • City Name: Indiana
  • Postal Code: 15701
  • County Or Parish: Indiana
  • County M 360: Indiana
  • State Or Province: Pennsylvania
  • Directions: West on Philadelphia St. Right on N 7th St. Left on Water St. Property on left.
Taxes and HOA Information
  • Map Num Block Num Lot Num Info: 25-001-312
  • Taxes: $4,360
School Information
  • School District: Indiana Area
  • School Transportation: Yes
Parking
  • Parking Description: On-Street Parking
Property
Lot Information
  • Acres: 0.07
  • Lot Size: 50x60
  • Type of Property: Fourplex
  • Area: Indiana Boro - IND
  • Construction: Brick
Property and Assessments
  • Assessment Value: $165,000
  • Insurance: $1,500
  • Maintenance: $1,323
  • Year Built Numeric: 1910
  • Disclaimer: Information Deemed Reliable, But Not Guaranteed
  • Photo Count: 2
Utilities
  • Utilities: $4,400
  • Utilities Available: Electricity, Gas, Sewer, Water
Interior and Exterior Features
Exterior Features
  • Roof: Asphalt
Interior Features
  • Baths Total: 0.0
  • Basement: Yes
  • Basement Description: 1BR Apt
  • Insulation: Unknown
Multi Family
Multi-Family Information
  • Num of Units: 4
  • Total Numof Units: 4
Income and Expenses
  • Gross Annual Income: $29,400
  • Gross Operating Income: $26,460
  • Net Operating Income: $12,026
  • Other Expenses: $2,851
Unit Information
Unit 1
  • UNIT Monthly Rent 1: 550
  • Unit Num Bedrooms 1: 1
Unit 2
  • UNIT Monthly Rent 2: 800
Unit 3
  • UNIT Monthly Rent 3: 650
  • Unit Num Bedrooms 3: 2
Unit 4
  • UNIT Monthly Rent 4: 450
  • Unit Num Bedrooms 4: 1
Rental
Rental Information
  • Tenant Occupied: Yes
  • Vacancy Dollars: $2,940
  • Vacancy Percentage: 10

Property History for 716 Water 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 716 Water Street

Taxable ValueLand$39,500Additions$125,500Total$165,000
Tax Record2024$4,603 ($384 / month)
Home Facts
Beds4Total Finished SqFt2,100 SqFtAbove Grade Finished SqFt2,100 SqFtUnfinished Basement SqFt840 SqFtStories2Lot Size3,049 SqFtStyleSingle Family ResidenceYear Built1910Year Renovated1990CountyINDIANAAPN25-001-312

Schools near 716 Water Street

This home is within Indiana Area School District.
Rating
School
Type
Grades
Distance
Horace Mann El School
Public - 4 to 5
Indiana Area Junior High School
Public - 6 to 8
Indiana Area Senior High School
Public - 9 to 12
Eisenhower Elementary School
Public - 4 to 5
Rating
School
Distance
Horace Mann El School
Public4 to 5

Indiana Area Junior High School
Public6 to 8

Indiana Area Senior High School
Public9 to 12

Eisenhower Elementary School
Public4 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.

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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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of HOWARD HANNA KUZNESKI & LOCKARD R.E. - INDIANA

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: 09/16/2024 01:42 PM