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Listed by BERKSHIRE HATHAWAY THE PREFERRED REALTY
Bought with Outside Offices NOT Subscribers
Bought with Outside Offices NOT Subscribers
$ 315,000
$ 460,000 31.5%
Est. payment /mo
Sold on 10/14/2025
811 Wilmington Ave New Castle, PA 16101
10,497 Sqft Lot
UPDATED:
Key Details
Sold Price $315,000
Property Type Single Family Home
Sub Type Other
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1713221
Annual Tax Amount $5,885
Lot Size 10,497 Sqft
Property Sub-Type Other
Property Description
Outstanding opportunity to own an 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.
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.
Location
State PA
County Lawrence
Area New Castle/1St
Zoning C
Exterior
Parking Features Off Street
Utilities Available Electricity Available, Natural Gas Available, Other, Sewer Available, Water Available
Building
Structure Type Brick
Schools
School District New Castle
