NOT LISTED FOR SALE

1217 Lawrence Ave Ellwood City, PA 16117

-- Bed
-- Bath
-- Sq Ft
0.28 Acres

Last Sold April 06, 2023

Last sale price $810,000

61 Days on Market

About This Home

As of April 2023

Exceptional multi unit investment property! 12 units all with separate meters. Tenant pays gas and electric, owner pays water, sewage, garbage and common area utilities. There are 2 buildings, both with laundry areas and separate parking for each building. 7 units have been updated and 11 are rented right now! The 12th unit is being updated. All leases are 1 yr leases. There is a 6 unit storage facility on the property, so there is income from the storage units and coin laundries also. The current tenants take very good care of their units a buyer will be very impressed with the overall condition of the property. The roof is about 15yrs old.

Last Agent to Sell the Property

Lynn Peterson

WPML Inactive User File Listed on: 02/03/2023

WPML Inactive User File

Last Buyer's Agent

Mike Maltarski

RE/MAX SELECT REALTY

RE/MAX SELECT REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,400

Year Built

  • Built in 1992

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 91x159

Home Design

  • Asphalt Roof

Parking

  • 14 Parking Spaces
  • Off-Street Parking

Additional Features

  • Basement

Community Details

Building Details

  • Insurance Expense $5,000
  • Maintenance Expense $5,400
  • Gross Income $106,500

Additional Features

  • 12 Units
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,400

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Municipality: Ellwood City - LAW
  • Property Sub Type: Other
  • Property Type: Residential Income
  • Lot Size Acres: 0.281
  • Lot Size: 91X159
  • Directions: Rt 18 to right on 5th Avenue into Koppel, left on River Road, 1.3 miles to property on right
  • Year Built: 1992
  • Property Sub Type Additional: Other
  • Special Features: VirtualTour

Interior Features

  • Basement YN: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Brick

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 14.0

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Annual Utilities Expense: 6000.0

Condo/Co-op/Association

  • Community Features: Public Transportation

Schools

  • Junior High Dist: Ellwood City Area

Lot Info

  • Zoning: Comm
  • Zoning Description: Comm
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 12
  • Number Of Units Total: 9
  • Annual Gross Income: 106500.0
  • Insurance Expense: 5000.0
  • Maintenance Expense: 5400.0

Tax Info

  • Tax Annual Amount: 4400.0

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2023 04/06/23 Sold $810,000 +1.9% --
02/03/2023 02/03/23 For Sale $795,000 -- --
Source: West Penn Multi-List

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Lynn Peterson

    WPML Inactive User File

    Section Image
  • Mike Maltarski

    Buyer's Agent in 2023

    Mike Maltarski

    RE/MAX

    (724) 944-4391

    28 in this area

    94 Total Sales

    Section Image
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Map

Source: West Penn Multi-List

MLS Number: 1591772

West Penn Multi-List

Pennsylvania Lawrence County Ellwood City 16117

1217 Lawrence Ave, Ellwood City, PA

This home is located at 1217 Lawrence Ave, Ellwood City, PA 16117 since 03 February 2023. This property was built in 1992. 1217 Lawrence Ave is a home located in Lawrence County with nearby schools including Hartman Intermediate School, North Side Elementary School, and Perry Lower Intermediate School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

West Penn Multi-List IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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