408 E Garfield Ave, New Castle, PA 16105

New Castle
Local realty services provided by:ERA Johnson Real Estate, Inc.
408 E Garfield Ave,New Castle, PA 16105
$200,000
Virtual Tour
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: rick sikora
Office: berkshire hathaway the preferred realty
MLS#:1741225
Source:PA_WPN

Price summary

  • Price:$200,000

About this home

Value-add four-unit investment opportunity with projected annual gross rental income of approximately $28,800 at market rents. Built in 1890 and family owned since 1916, this historic property offers strong upside potential for investors seeking cash flow and appreciation. The property consists of four separate units, each with private entrances. Gas and electric are separately metered, reducing owner utility responsibility. Water and sewer are shared. A detached one-bedroom residence with full basement provides additional rental flexibility or potential owner-occupant use. With separate utilities, multiple units, and projected solid rental performance, this property presents an opportunity to stabilize, increase rents over time, and build long-term equity. Ideal for investors looking to reposition and maximize returns.

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Home facts

  • Year built:1890
  • Listing ID #:1741225
  • Added:8 day(s) ago
  • Updated:March 05, 2026 at 10:38 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Full

Structure and exterior

  • Roof:Composition
  • Year built:1890
  • Lot area:0.17 Acres
  • Architectural Style:Fourplex
  • Construction Materials:Frame

Finances and disclosures

  • Price:$200,000
  • Tax amount:$2,903
MLS LogoLast Updated March 5, 2026. Information deemed reliable but not guaranteed. 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.

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