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Sold for $225,000 on 11/14/24
  • $225,000

    25 N Main St, Albion, PA 16401

    15beds
    10baths
    6,546sqft
    Quadruplex, Multi Family, Multi Family
    Built in 1900
    -- sqft lot
    $288,300 Zestimate®
    $34/sqft
    $1,056 Estimated rent

    Owner options

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    $1,056/mo

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    $1,056/mo

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    $1,434/mo

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    $1,434/mo

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    What's special

    Unique 3 building, 8 unit property in the heart of downtown Albion! This property features a 4 unit with frontage on N. Main St. It has 2 units up, 2 units down. The second building is a 2 unit, one unit up, one unit down. The third building is a duplex. Wrap around driveway with parking for each tenant at their unit, approximately 12 spots total. Also features a large greenspace for picnics, etc that may be buildable (if permitted by boro). All units have been extensively updated by owner, including 3 roofs, siding, windows, electric panels, some furnaces and HWT's too. Note, the driveway to north and south provides access to building to the south. (I can provide explanations). Each apartment is in very nice condition with many long term tenants. RENTS are SIGNIFICANTLY BELOW MARKET Rates. Modestly adjusted rents and expenses could make this complex a cash cow! Note, gross income and expenses are 2023 actuals. Unit sq footage is estimated. No seller financing available.

    Zillow last checked: 8 hours ago

    Listing updated: November 15, 2024 at 01:57pm

    Listed by:

    Bob Pfister (814)315-9831,

    Bob Pfister Real Estate Services

    Bought with:

    Nicholas Haller, RS363452

    Agresti Real Estate

    Source: GEMLS,MLS#: 178163Originating MLS: Greater Erie Board Of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 15
    • Bathrooms: 10
    Heating
    • Forced Air, Gas
    Cooling
    • None
    Interior area
    • Total structure area: 6,546
    • Total interior livable area: 6,546 sqft

    Property

    Parking
    • Total spaces: 12
    Lot
    • Size: 0.42 Acres
    • Dimensions: 110 x 167 x 0 x 0
    Details
    • Parcel number: 01004017.0018.00
    • Zoning description: R-2

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Fourplex
    • Property subtype: Quadruplex, Multi Family, Multi Family
    Materials
    • Vinyl Siding
    • Roof: Asphalt
    Condition
    • Good Condition,Resale
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Albion

    HOA & financial

    Other fees
    • Deposit fee: $5,000

    Other

    Other facts
    • Listing terms: See Remarks
    • Road surface type: Paved