For Sale, USD 475,000
811 Wilmington Ave, New Castle PA 16101, New Castle, Pennsylvania, United States
Property Type : Multi-Family Home
Property Style : N/A
Build Size : N/A
Land Size : N/A
Bedroom : 0
Bathroom : 0
Half Bathroom : 0
MLS#: N/A
Property Description
Outstanding opportunity to own a fully rented, 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.
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811 Wilmington Ave, New Castle PA 16101, United States,Pennsylvania,New Castle is a New Castle luxury Multi-Family Home listed for sale USD 475,000. This high end New Castle Multi-Family Home is comprised of 0 bedrooms and 0 baths. Find more luxury properties in New Castle or search for luxury properties for sale in New Castle.