811 Wilmington Ave, New Castle, PA 16101

Local realty services provided by:ERA Lechner & Associates, Inc.
811 Wilmington Ave,New Castle, PA 16101
$460,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:justine vancise
Office:berkshire hathaway the preferred realty
MLS#:1713221
Source:PA_WPN

Price summary

  • Price:$460,000

About this home

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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Home facts

  • Listing Id #:1713221
  • Added:21 day(s) ago
  • Updated:August 14, 2025 at 01:56 PM

Structure and exterior

  • Lot area:0.24 Acres

Finances and disclosures

  • Price:$460,000
  • Tax amount:$5,885
MLS LogoLast Updated August 14, 2025. 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.