NOT LISTED FOR SALE

205 S Main St Slippery Rock, PA 16057

Estimated Value: $327,000 - $494,388

3 Beds
3 Baths
-- Sq Ft
0.26 Acres

Last Sold March 01, 2024

Last sale price $460,000

Est. 9% decrease in value since last sale

Current estimated payment $2,631/month

47 Days on Market

About This Home

As of March 2024

Prime investment opportunity . Fully leased, 9-unit apartment building that includes a commercial space. Located in the heart of Slippery Rock. Walking distance to everything Main Street and the University. Highly coveted 12 parking spaces included. Massive upside value add for the right investor. This is Great addition to any portfolio or to start earning passive income.

Last Agent to Sell the Property

Jay Mosby

BERKSHIRE HATHAWAY THE PREFERRED REALTY License #RS336113 Listed on: 01/13/2024

BERKSHIRE HATHAWAY THE PREFERRED REALTY

Last Buyer's Agent

Ryan Bibza

COMPASS PENNSYLVANIA, LLC License #AB068626

COMPASS PENNSYLVANIA, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,814

Year Built

  • Built in 1978

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 68x167x69x166

Home Design

  • Metal Roof

Parking

  • 12 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Community Details

Overview

  • 9 Units

Building Details

  • Insurance Expense $7,920
  • Maintenance Expense $1,950
  • Gross Income $50,340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,814

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Municipality: Slippery Rock Boro
  • Property Sub Type: Other
  • Property Type: Residential Income
  • Lot Size Acres: 0.2563
  • Lot Size: 68x167x69x166
  • Directions: GPS
  • Year Built: 1978
  • Property Sub Type Additional: Other
  • Special Features: None

Exterior Features

  • Roof: Metal
  • Construction Type: Other

Garage/Parking

  • Parking Features: Off Street, Other, On Street
  • Total Parking Spaces: 12.0

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Annual Utilities Expense: 3090.0

Schools

  • Junior High Dist: Slippery Rock Area

Lot Info

  • Zoning: C1
  • Zoning Description: C1
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 9
  • Number Of Units Total: 9
  • Annual Gross Income: 50340.0
  • Insurance Expense: 7920.0
  • Maintenance Expense: 1950.0

Tax Info

  • Tax Annual Amount: 4814.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2024
Closed on
Mar 1, 2024
Sold by
Debacco Yvonne
Bought by
Show Jonathan P
Seller's Agent
Jay Mosby
BERKSHIRE HATHAWAY THE PREFERRED REALTY
Buyer's Agent
Ryan Bibza
COMPASS PENNSYLVANIA, LLC
List Price
$489,000
Sold Price
$460,000
Premium/Discount to List
-$29,000
-5.93%
Views
21
Current Estimated Value
$418,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,153
Avg. Annual Appreciation
-5.55%
Original Mortgage
$368,000
Interest Rate
7.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Show Jonathan P $460,000 Crown Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Show Jonathan P $368,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2024 03/01/24 Sold $460,000 -5.9% --
01/13/2024 01/13/24 For Sale $489,000 -- --
Source: West Penn Multi-List

Tax History Compared to Growth

Source: Public Records

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 $5,009 $31,210 $8,070 $23,140
2024 $4,892 $31,210 $8,070 $23,140
2023 $4,814 $31,210 $8,070 $23,140
2022 $4,737 $31,210 $8,070 $23,140
2021 $4,737 $31,210 $0 $0
2020 $4,737 $31,210 $8,070 $23,140
2019 $4,676 $31,210 $8,070 $23,140
2018 $4,676 $31,210 $8,070 $23,140
2017 $4,644 $31,210 $8,070 $23,140
2016 $1,699 $31,210 $8,070 $23,140
2015 $633 $31,210 $8,070 $23,140
2014 $633 $31,210 $8,070 $23,140
Source: Public Records

Agents Affiliated with this Home

  • Jay Mosby

    Seller's Agent in 2024

    Jay Mosby

    BHHS Preferred Realty

    (724) 290-6372

    2 in this area

    197 Total Sales

    Jay Mosby
    Section Image
  • Ryan Bibza

    Buyer's Agent in 2024

    Ryan Bibza

    COMPASS PENNSYLVANIA, LLC

    (724) 974-1355

    21 in this area

    580 Total Sales

    Ryan Bibza
    Section Image
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Map

Source: West Penn Multi-List

MLS Number: 1637680

West Penn Multi-List

APN: 510-S2-105-0000

Pennsylvania Butler County Slippery Rock 16057

205 S Main St, Slippery Rock, PA

This home is located at 205 S Main St, Slippery Rock, PA 16057 since 13 January 2024 and is currently estimated at $418,847. This property was built in 1978. 205 S Main St is a home located in Butler County with nearby schools including Slippery Rock Area High 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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