121 Locust Street, Ambridge, PA 15003
Local realty services provided by:ERA Johnson Real Estate, Inc.
121 Locust Street,Ambridge, PA 15003
$1,700,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: mark gulla
Office: re/max select realty
MLS#:1739462
Source:PA_WPN
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Price summary
- Price:$1,700,000
About this home
Properties like this do not come around often. Exceptional opportunity to acquire a well-maintained 26-unit multifamily building offering immediate income and long-term stability. This solid 100% all-brick property features a desirable unit mix of spacious 2- and 3-bedroom apartments, attracting strong tenant demand and consistent occupancy. The property has been thoughtfully updated, with many units renovated to include modern finishes, updated kitchens and baths, new flooring and improved mechanical systems if needed. The building has been professionally maintained and cared for, resulting in a true turnkey investment with reliable performance. Tenants appreciate the larger floor plans, making the property especially attractive to long-term renters and families — a major factor in minimizing turnover and vacancy. The building is divided in two - both 111 & 121 have 13 units, a laundry room with coin-op for additional income, storage lockers, maintenance rooms. There is a playground and yard space are in the back and plenty of off-street parking out front. Perfect property to acquire to add 26 doors to that portfolio in the emerging market of Ambridge where we are seeing revitalization up and down the town!...
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Home facts
- Year built:1962
- Listing ID #:1739462
- Added:47 day(s) ago
- Updated:March 29, 2026 at 06:38 AM
Rooms and interior
- Basement:Yes
Structure and exterior
- Roof:Asphalt
- Year built:1962
- Construction Materials:Brick
Finances and disclosures
- Price:$1,700,000
- Tax amount:$20,839
Parking
- Total parking spaces:26
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