Timbercrest Apartments & Townhouses, a pet-friendly 102 unit multi-family investment property situated on 25 wooded acres with expansion opportunities is now available for sale. Ideally situated near I-79 & Meadville’s major retail/service corridor with over 25 major retailers within 2 miles. The community includes 48 one bedroom, 1 bathroom & 48 two bedroom, 1.5 bathroom apartments plus 4 two bedroom, 1.5 bath townhouses and 2 three bedroom, 1.5 bathroom townhouses. All units have central air and are equipped with a range, refrigerator, dishwasher and garbage with shared laundry facilities in each building. Tenants pay all utilities. 86.1% Occupancy rate. Upside potential with ample acreage and original ownership plans to build an additional 144 units. Offered at $8,000,000 ($78,413/Unit) with a $819,242 pro forma NOI – 10.2% cap rate. Confidentiality agreement required for detailed information.
Great New Price! Attractive Duplex in Meadville's North End. Conveniently located, this "up and down" Duplex offers over 1000 SF units with nice kitchen overlooking a dining area; large LR, 2 BR, full bath. Each have laundry hookup, separate utilities, storage and shared rear yard. Rents could be higher.
Two single-family homes on 2 beautiful acres zoned commercial corridor. Both homes are currently leased. Both feature: 2 bedroom, one on first floor and second up in loft area; first floor bath; kitchen, dining room, & living room. Both have full basements and a 1-car detached garage. One home also has handicapped ramp for access. Would make a great investment property or live in one home and rent the other.
GREAT INVESTMENT OPPORTUNITY IN THE HEART OF MEADVILLE! - 2 unit with off street parking. Each unit has 2 bedrooms, living room, kitchen and bath. The main floor was most recently used as a professional office space. Storage area in walk-up attic as well as storage and laundry area in unfinished lower level. Roof is 3 years old! newer furnaces. Landlord pays for water/sewer and refuse at a cost of 108.00 per month. This property is within walking distance to hospital, schools and retail . Public transportation available. MOTIVATED SELLER
The median home value in Meadville, PA is $170,000. This is higher than the county median home value of $135,800. The national median home value is $338,100. The average price of homes sold in Meadville, PA is $170,000. Approximately 32.08% of Meadville homes are owned, compared to 53.36% rented, while 14.56% are vacant. Meadville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Meadville real estate agent to arrange a tour today!
Meadville, Pennsylvania has a population of 12,999. Meadville is more family-centric than the surrounding county with 25.16% of the households containing married families with children. The county average for households married with children is 25.08%.
The median household income in Meadville, Pennsylvania is $40,694. The median household income for the surrounding county is $55,042 compared to the national median of $69,021. The median age of people living in Meadville is 36.3 years.
The average high temperature in July is 80.9 degrees, with an average low temperature in January of 17 degrees. The average rainfall is approximately 42.2 inches per year, with 74.6 inches of snow per year.