811 Wilmington Ave, New Castle, PA 16101 (MLS # 1713221)

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PRICE $475,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 10,498 sqft

Outstanding opportunity to own a fully rented, income-generating 9-unit apartment building with off-street parking. The property features a mix of one- and two-bedroom units, with current rents ranging from $675 to $840, and a gross annual income of $78,396. Recent improvements include a newly resealed roof (07/2025), several recently updated units, new washer (2024). Tenants have access to an on-site coin-operated laundry area. Multiple units have passed local housing authority inspections"”meeting all standards for habitability, safety, and functionality. All units are under standard lease agreements and managed by a licensed property manager. Owner pays gas, water, and trash; tenants pay electric (heat is electric baseboard). Photos from prior rental listings. This is a true turnkey investment with strong cash flow and minimal upkeep"”ideal for investors looking for a stable, professionally managed asset.

DAYS ON MARKET 2 LAST UPDATED 7/24/2025
YEAR BUILT 0 COMMUNITY =New Castle/1st" class="dsidx-reg-link">New Castle/1st
COUNTY Lawrence STATUS Active
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AREA New Castle/1st
BASEMENT Yes
CONSTRUCTION Brick
LOT 10498 sq ft
LOT DIMENSIONS 0.241
PARKING Off Street
TAXES 5885
UTILITIES Electricity Available, Natural Gas Available, Other, Sewer Available, Water Available
ZONING C
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Listed with BERKSHIRE HATHAWAY THE PREFERRED REALTY

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