811 Wilmington Ave, New Castle, PA 16101
Local realty services provided by:ERA Johnson Real Estate, Inc.
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 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.
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Home facts
- Listing ID #:1713221
- Added:65 day(s) ago
- Updated:September 28, 2025 at 06:54 PM
Structure and exterior
- Lot area:0.24 Acres
Finances and disclosures
- Price:$460,000
- Tax amount:$5,885
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