Meadville PA Multi Family for Sale
$8,000,000
10795 TIMBERCREST Drive Meadville, PA 16335
- Type:
- Multi-Family
- Sq.Ft.:
- 82,278
- Status:
- NEW LISTING
- Beds:
- 158
- Lot size:
- 25.37 Acres
- Year built:
- 1978
- Baths:
- 108.00
- MLS#:
- 180601
ADDITIONAL INFORMATION
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.
$219,000
926 Diamond Sq Meadville, PA 16335
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.01 Acres
- Year built:
- 1964
- Baths:
- MLS#:
- 1679727
ADDITIONAL INFORMATION
- Type:
- Multi-Family
- Sq.Ft.:
- 2,184
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.2 Acres
- Year built:
- 1947
- Baths:
- 2.00
- MLS#:
- 179787
ADDITIONAL INFORMATION
Great 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.
$117,700
598 LORD Street Meadville, PA 16335
- Type:
- Multi-Family
- Sq.Ft.:
- 2,752
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.11 Acres
- Baths:
- MLS#:
- 179792
ADDITIONAL INFORMATION
The property features two 3 bedroom, 1 bath units with a 2-car garage attached. Close to town and the city Hospital. While the initial investment might be higher due to the need for some renovations, the potential for increased property value and rental income after updates is significantly higher. The potential rewards in terms of increased property value and rental income can make the initial effort and expenditure worthwhile.
- Type:
- Multi-Family
- Sq.Ft.:
- 2,200
- Status:
- Active
- Beds:
- 4
- Lot size:
- 2 Acres
- Year built:
- 1970
- Baths:
- 2.00
- MLS#:
- 177737
ADDITIONAL INFORMATION
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.
$124,900
300 NORTH Street Meadville, PA 16335
- Type:
- Multi-Family
- Sq.Ft.:
- 1,656
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.07 Acres
- Year built:
- 1944
- Baths:
- 2.00
- MLS#:
- 178409
ADDITIONAL INFORMATION
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
ADDITIONAL INFORMATION
Commercial property in city areas often represents a golden opportunity for investors seeking to capitalize on the world of real estate. Start with this property with 5 income producing units with one apartment being updated, a newer roof and back rear porches. Great location close to the hospital and Allegheny College. Plenty of parking! Moreover, commercial leases tend to be longer, providing a more stable income stream and reducing the frequency of tenant turnover.
IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS.© 2024 Greater Erie Board of REALTORS®, Inc. All rights reserved.
The data relating to real estate for sale on this web site comes in part from the IDX Program of the West Penn MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 West Penn Multi-List™. All rights reserved.
Meadville Real Estate
The median home value in Meadville, PA is $134,400. This is lower 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 $134,400. 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 16335 has a population of 12,999. Meadville 16335 is less family-centric than the surrounding county with 21.36% 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 16335 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 16335 is 36.3 years.
Meadville Weather
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.