Opportunity knocks in this 7 unit apartment building complex in Clarion Borough. Two units (#1 and #6) are 2 bedrooms and unit #1 is rented for $600/month and tenant pays the electric. Two units are one bedroom (unit #2 and #5) each pays electric. Remaining units estimated at $600-$650/month with the owner pays all electric, water, sewage and gas. Heat is provided by two forced air heating system. Five total electric meters (units #3, #4 and #7 are are on same electric meter). The 7th unit is an efficiency unit in basement area & adds approximately 400 sq ft of finished area. Balance of basement contains the utility systems. Good parking in front and to the rear of property. Roof was installed 4 years ago. Great income potential. Utility numbers reflect 5 units being vacant. Large covered front porch. Gravel parking at rear. Units #3, #4 and #7 are efficiency apartments.
Sold
$280,000
516 Elss St, Clarion, PA 16214
--beds
0baths
3,368sqft
MultiFamily
Built in 1920
-- sqft lot
$294,400 Zestimate®
$83/sqft
$840 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air
Cooling
- None
Interior area
- Total interior livable area: 3,368 sqft
Property
Lot
- Size: 8,363 sqft
Details
- Parcel number: 05011970
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Location
- Region: Clarion
Other
Other facts
- Construction: Wood Frame
- Roof: Composition
- Basement/Foundation: Partial
- Water: Public
- Features: Porch, Electric-Circuit Break-100 Amp
- OGMT: Unknown
- Heat: Forced Air
- Sewer: Public Sewer
- Exterior: Vinyl Siding
Services availability

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