MLS#PASK2029238
STATUSACTIVE
PROPERTY TYPECommercial -
SCHOOLSAINT CLAIR AREA
Property Description
6-Unit Multifamily Value-Add Opportunity. Calling all investors and value-add buyers: this 6-unit multifamily property is priced to move and built for upside. With a unit mix of three 1-bedroom and three 2-bedroom apartments, this full-renovation project offers a rare entry point into multifamily ownership at a fraction of replacement cost. The property needs a complete renovation, making it a strong fit for an experienced rehabber, contractor-investor, or buyer looking to drive appreciation through a full stabilization plan. Once renovated and leased at market rents, the projected gross annual income ranges from approximately $68,400 to $72,000, based on estimated rents of $900/month for the 1-bedroom units and $1,000–$1,100/month for the 2-bedroom units. At an asking price of just $79,900 for six units, this deal offers significant upside for buyers willing to put in the work. Whether you're expanding a rental portfolio or taking on your next ground-up rehab, this property is a compelling opportunity to build equity from day one. The property is being sold as a full renovation/value-add opportunity, ideal for investors comfortable managing a rehab from the ground up. Serious, qualified buyers only.
Property Features
Property Type: Commercial -
Cooling: None
Fuel Type: Natural Gas
Heating: None
Lot Size: 0.08 Acres
Taxes: $2,598
Year Built: 1925
Feature Descriptions
Days on Site: 5
Lot Dimensions: 0.08 Acre(S)
Municipality: NEW PHILADELPHIA BORO
Sewer: Public Sewer
Total Garage/Parking Spaces: 0
Water: Public
Local Schools
School District: SAINT CLAIR AREA
Listed By / Shown By
Listed By
Agency Name: LPMG Management Co.
Agency Phone: 2157695764
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
101 W Water Street | MLS# PASK2029238
This commercial property located at 101 W Water Street, New Philadelphia, PA 17959 is currently listed for sale with an asking price of $79,000. W Water Street is located within the SAINT CLAIR AREA school district. Search New Philadelphia real estate on www.realtymark.net today.