$117,000
$8K PRICE DROP

714 Central Ave Oil City, PA 16301

Estimated payment $725/month

Total Views 9,989
3 Beds
1 Bath
1,262 Sq Ft
$93 Price per Sq Ft

About This Home

Looking for an investment that can bring in monthly income or to add to your existing portfolio? You're going to want to see this one! Very well kept 3 bed 1 full bath rental with a bonus office space, 100 Amp electric in Oil City's upper Southside, you're just minutes from the school, downtown Oil City, and the Seneca area. Existing lease expires Jan 2026, newer metal roof and a clean coat of paint, this one is ready for you today! Cash or conventional only, proof of funds required for all showings. 24 hour notice.

Listing Agent

Dave McCullough

1st Rate Realty, LLC Brokerage Phone: 8144322900 License #RS362014 Listed on: 07/31/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,284

Year Built

  • Built in 1908

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 35 x 70

Home Design

  • Frame Construction
  • Metal Roof
  • Aluminum Siding

Interior Spaces

  • 1,262 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling Available
  • Forced Air Heating System
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 16,026.-079..-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,284

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.06
  • Lot Size: 35 x 70
  • Directions: From VCCHS, Head southeast on Elk St toward S Park St, Turn left onto US-62 N/Allegheny Blvd, Turn right onto Petroleum St, Turn left onto W 1st St, Turn right at the 2nd cross street onto Central Ave, Destination on right.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1908
  • Attribution Contact: 8144322900
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Range, Refrigerator
  • Has Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Construction Type: Frame, Aluminum Siding
  • Roof: Metal

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: Room
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected
  • Water Source: Public

Schools

  • Junior High Dist: Oil City

Lot Info

  • Lot Size Sq Ft: 2613.6
  • Zoning: Res

Multi Family

  • Electric Expense: 135

Tax Info

  • Tax Annual Amount: 1284
  • Tax Map Number: 16,026.-079..-000
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,341 $35,990 $2,110 $33,880
2024 $1,243 $35,990 $2,110 $33,880
2023 $1,243 $35,990 $2,110 $33,880
2022 $1,243 $35,990 $2,110 $33,880
2021 $1,243 $35,990 $2,110 $33,880
2020 $1,243 $35,990 $2,110 $33,880
2019 $1,243 $35,990 $2,110 $33,880
2018 $1,243 $35,990 $2,110 $33,880
2017 -- $35,990 $2,110 $33,880
2016 $1,243 $35,990 $2,110 $33,880
2015 -- $35,990 $2,110 $33,880
2014 -- $35,990 $2,110 $33,880
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 Price Changed $117,000 -2.4% $93 / Sq Ft
08/09/2025 08/09/25 Price Changed $119,900 -4.1% $95 / Sq Ft
07/31/2025 07/31/25 For Sale $125,000 -- $99 / Sq Ft
Source: Allegheny Valley Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $23,000 None Available
Deed $22,000 None Available
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $40,669 None Available
Source: Public Records

Source: Allegheny Valley Board of REALTORS®

MLS Number: 161916

APN: 16-026-079-000