$49,000
- 3 Beds
- 1.5 Baths
- 1,790 Sq Ft
- 627 Raymond St
- New Castle, PA
Tenant Occupied. Three bedroom home with two car detached garage.
Rick Maiella HOWARD HANNA REAL ESTATE SERVICES
1025 Randolph St New Castle, PA 16101
Estimated payment $419/month
Total Views
7,362
2
Beds
1
Bath
979
Sq Ft
$61
Price per Sq Ft
About This Home
Introducing a rare opportunity to acquire occupied rental portfolio featuring seven single-family homes, each generating consistent rental income. This well-maintained package is ideal for investors seeking immediate cash flow with minimal upfront work. Key Highlights: 7 Single-Family Homes – All properties are in established neighborhoods with strong rental demand. Long-Term Tenants – Each home is currently leased to reliable, long-term tenants, ensuring stable income from day one. Well-Maintained – The portfolio has been carefully maintained throughout the years of ownership, with regular updates and preventative care. Strong Cash Flow – Solid rental history with predictable income makes this a high-performing investment opportunity. Hands-Off Investment – All systems are in place for a seamless transition to the next owner, whether you're an experienced investor or just entering the market.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,135
Year Built
- Built in 1920
Lot Details
- 1,612 Sq Ft Lot
Home Design
- Asphalt Roof
Interior Spaces
- 979 Sq Ft Home
- 2-Story Property
- Laminate Flooring
- Basement
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Parking
- Common or Shared Parking
- On-Street Parking
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,135 | $28,200 | $4,500 | $23,700 |
| 2024 | $1,135 | $28,200 | $4,500 | $23,700 |
| 2023 | $1,134 | $28,200 | $4,500 | $23,700 |
| 2022 | $1,134 | $28,200 | $4,500 | $23,700 |
| 2021 | $1,101 | $28,200 | $4,500 | $23,700 |
| 2020 | $1,101 | $28,200 | $4,500 | $23,700 |
| 2019 | $1,073 | $28,200 | $4,500 | $23,700 |
| 2018 | $1,073 | $28,200 | $4,500 | $23,700 |
| 2017 | $1,052 | $28,200 | $4,500 | $23,700 |
| 2016 | $488 | $28,200 | $4,500 | $23,700 |
| 2015 | $488 | $28,200 | $4,500 | $23,700 |
| 2014 | $488 | $28,200 | $4,500 | $23,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/07/2025 07/07/25 | For Sale | $59,999 | 0.0% | $61 / Sq Ft |
| 12/12/2024 12/12/24 | Rented | $875 | 0.0% | -- |
| 09/27/2024 09/27/24 | For Rent | $875 | +12.9% | -- |
| 02/15/2023 02/15/23 | Rented | $775 | 0.0% | -- |
| 12/19/2022 12/19/22 | For Rent | $775 | 0.0% | -- |
| 04/19/2022 04/19/22 | Sold | $40,000 | -19.8% | $41 / Sq Ft |
| 04/05/2022 04/05/22 | Pending | -- | -- | -- |
| 02/15/2022 02/15/22 | Price Changed | $49,900 | -16.7% | $51 / Sq Ft |
| 01/31/2022 01/31/22 | For Sale | $59,900 | -- | $61 / Sq Ft |
Source: West Penn Multi-List
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $40,000 | None Listed On Document | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | $5,509 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $32,000 | New Conventional |
Source: Public Records
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MLS Number: 1710368
APN: 04-129300
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