$180,000
SOLD AUG 28, 2025

340 Park Rd Ambridge, PA 15003

-- Bed
-- Bath
2,494 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$72 Per Sq Ft

20% Below List Price

184 Days on Market

About This Home

As of August 2025

This remodeled, turnkey investment property is fully rented and offers a great cap rate with steady cash flow. It features two, two-bedroom units, each rented for $1,000 plus all utilities (gas, electric, water, and sewer), along with a bonus garage renting for $100. All tenants are long-term and solid. The owner has updated the mechanics and the units, so there’s nothing left for you to do except collect the rent in this growing Ambridge community. Great cap rate.

Last Agent to Sell the Property

Susan Kaczorek

RE/MAX SELECT REALTY License #AB061713L Listed on: 02/25/2025

RE/MAX SELECT REALTY

Last Buyer's Agent

Susan Kaczorek

RE/MAX SELECT REALTY License #AB061713L Listed on: 02/25/2025

RE/MAX SELECT REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,529

Year Built

  • Built in 1900

Parking

  • 1 Car Garage

Home Design

  • Duplex

Additional Features

  • Basement Fills Entire Space Under The House
  • 2,178 Sq Ft Lot

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $335
  • Gross Income $25,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,529

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Municipality: Ambridge
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Lot Size Acres: 0.05
  • Lot Size: .050
  • Directions: Park
  • Garage Yn: Yes
  • Year Built: 1900
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour

Interior Features

  • Basement: Full
  • Basement YN: Yes

Exterior Features

  • Roof: Other

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 1.0

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available

Schools

  • Junior High Dist: Ambridge

Lot Info

  • Zoning: 2/fam
  • Zoning Description: 2/fam

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 3
  • Annual Gross Income: 25200.0
  • Insurance Expense: 335.0

Tax Info

  • Tax Annual Amount: 2529.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2021
Sold by
Elephant Property Inc
Bought by
Ocean Property Investments Llc

Purchase Details

Closed on
Nov 23, 2020
Sold by
Maola Bessie J and Maola Bessie J
Bought by
Elephant Property Inc
Source: Public Records

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

Purchase History

Date Type Sale Price Title Company
Deed $1,500 None Available
Deed $10,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 Sold $180,000 -10.0% $72 / Sq Ft
08/28/2025 08/28/25 Pending -- -- --
03/25/2025 03/25/25 Price Changed $200,000 -11.1% $80 / Sq Ft
02/25/2025 02/25/25 For Sale $225,000 -- $90 / Sq Ft
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 $745 $57,300 $8,100 $49,200
2024 $2,529 $57,300 $8,100 $49,200
2023 $2,995 $20,800 $2,350 $18,450
2022 $2,995 $20,800 $2,350 $18,450
2021 $2,995 $20,800 $2,350 $18,450
2020 $2,952 $20,800 $2,350 $18,450
2019 $2,952 $20,800 $2,350 $18,450
2018 $2,908 $20,800 $2,350 $18,450
2017 $2,908 $20,800 $2,350 $18,450
2016 $2,757 $20,800 $2,350 $18,450
2015 $462 $20,800 $2,350 $18,450
2014 $462 $20,800 $2,350 $18,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: West Penn Multi-List

MLS Number: 1689599

West Penn Multi-List

APN: 09-002-0205.000