320 E Lincoln Ave
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320 E Lincoln Ave
12 Unit Apartment Building $711,619 CAD ($59,302 CAD/Unit) New Castle, PA 16101
Investment Highlights
- 58% occupied
- Elevator
- Located by Highschool
- Fully Sprinkled
- Ample Parking
- Ideal Location
Executive Summary
This unique offering presents an exceptional opportunity for investors or individuals seeking a multi-family residence. Nestled within New Castle, this property showcases twelve (12) thoughtfully designed One (1) Bedroom apartments. As a value-add proposition, this property presents the chance to enhance its appeal further. Five (5) units currently require minor rehabilitation, providing the perfect canvas for creative improvements. With a little investment, you can revitalize these units to attract even more discerning tenants and maximize the property's potential. Situated within a restored old home, this building seamlessly blends the charm of its original architecture with the practicality of a modern multi-family residence. The building is fully sprinkled and has an elevator that provides convenient access to all floors.
Property Facts
Price | $711,619 CAD | Building Class | C |
Price Per Unit | $59,302 CAD | Lot Size | 0.40 AC |
Sale Type | Investment | Building Size | 10,000 SF |
No. Units | 12 | Average Occupancy | 58% |
Property Type | Multifamily | No. Stories | 4 |
Property Subtype | Apartment | Year Built | 1920 |
Apartment Style | Low Rise |
Price | $711,619 CAD |
Price Per Unit | $59,302 CAD |
Sale Type | Investment |
No. Units | 12 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.40 AC |
Building Size | 10,000 SF |
Average Occupancy | 58% |
No. Stories | 4 |
Year Built | 1920 |
Unit Amenities
- Kitchen
- Tub/Shower
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PROPERTY TAXES
Parcel Number | 02-160400 | Improvements Assessment | $213,913 CAD |
Land Assessment | $18,787 CAD | Total Assessment | $232,700 CAD |
PROPERTY TAXES
Parcel Number
02-160400
Land Assessment
$18,787 CAD
Improvements Assessment
$213,913 CAD
Total Assessment
$232,700 CAD
zoning
Zoning Code | R2 (R2) |
R2 (R2) |
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320 E Lincoln Ave
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