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Listed by BERKSHIRE HATHAWAY THE PREFERRED REALTY
$ 460,000
Est. payment /mo
Active
811 Wilmington Ave New Castle, PA 16101
10,497 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1713221
HOA Y/N No
Annual Tax Amount $5,885
Lot Size 10,497 Sqft
Acres 0.241
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
Interior
Interior Features InteriorFeatures
Fireplace No
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
