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Sold for $175,000 on 12/29/22
  • $175,000

    40 & 46 S 5th Ave, Clarion, PA 16214

    8beds
    5baths
    5,864sqft
    MultiFamily
    Built in 1870
    -- sqft lot
    $-- Zestimate®
    $30/sqft
    $1,027 Estimated rent

    Owner options

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    $1,027/mo

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    $1,027/mo

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    $1,034/mo

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    $1,034/mo

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    What's special

    Investors take note of this 5 unit investment opportunity which includes two homes and a large site with parking for all tenants. Three unit building has addresses of 40 S. 5th Avenue (Front first floor w/rent of $350 incl. elect/water/sewage & tenant pays gas), 438 Wood Street (Rear unit w/rent of $307 month & tenant pays all utilities) and 440 Wood Street (2nd floor unit which is rented for $300 incl. water/sewer/elect & tenant pays gas). NOTE: 40 S. 5th Avenue splits gas with 440 Wood Street (only one gas meter for both). 46 S. 5th Avenue is an up/down duplex. All utilities are included in rent (water/sewage/gas/electric) and 46 S. 5th Ave first floor rents for $450 and 2nd floor rents for $550. Most tenants are very long term. All rents are below market.

    Zillow last checked: 7 hours ago

    Listing updated: March 20, 2025 at 08:23pm

    Listed by:

    Brian Burford,

    Burford & Henry Real Estate Services

    Bought with:

    Michael Weaver, RS317089

    Burford & Henry Real Estate Services

    Source: Allegheny Valley BOR,MLS#: 157096

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 5
    Heating
    • Hot Water, Forced Air
    Cooling
    • None
    Features
    • Basement: Crawl Space,Partial
    Interior area
    • Total structure area: 5,864
    • Total interior livable area: 5,864 sqft

    Property

    Parking
    • Total spaces: 8
    Features
    • Stories: 2
    • Patio & porch: Porch
    Lot
    • Size: 0.39 Acres
    • Dimensions: 60' x 100' + 60' x 180'
    Details
    • Additional parcels included: 0505021100000
    • Zoning: T-1 Transitn

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame, Aluminum Siding
    • Roof: Composition
    Condition
    • Year built: 1870

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Clarion

    HOA & financial

    Other financial information
    • Total actual rent: 1957