NOT LISTED FOR SALE

747 Mercer Rd Franklin, PA 16323

2 Beds
9 Baths
-- Sq Ft
2.5 Acres

Last Sold January 03, 2022

Last sale price $120,000

100 Days on Market

Highlights

  • 2.5 Acre Lot
  • Water Softener
  • 1-Story Property
  • Outdoor Storage
  • Hot Water Heating System

About This Home

As of January 2022

Great Investment opportunity. Unique 9 unit - producing roughly $3,650 gross income per month. 6 small efficiency units, 2 medium efficiency units, 1 2 bedroom home. Owner pays for electric, gas, garbage, sewage, water treatment through Culligan, and lawn/snow removal. 48 hr. Notice required. Pre approved buyers only.

Last Agent to Sell the Property

Josh Beightol

Shawgo Real Estate LLC License #RS321923 Listed on: 08/25/2021

Last Buyer's Agent

Allen Sharrer

1st Rate Realty, LLC License #RB067707

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,016

Year Built

  • Built in 1950

Lot Details

  • 2.5

Parking

  • 12 Parking Spaces

Home Design

  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 9 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Utilities

  • No Cooling
  • Hot Water Heating System
  • 100 Amp Service
  • Natural Gas Connected
  • Well
  • Gas Water Heater
  • Water Softener
  • Septic Tank

Additional Features

  • 1-Story Property
  • Outdoor Storage
  • 2.5 Acre Lot

Community Details

  • 9 Units
  • 2 Separate Electric Meters

Listing and Financial Details

  • Assessor Parcel Number 11,016.-019C.-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,016

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 2.5
  • Directions: From VCCH: Turn right onto Liberty St then left onto 15th St/Rt.8 S right onto Mercer road
  • Building Stories: 1
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater, Water Softener
  • Has Basement: Crawl Space, Full
  • Total Bedrooms: 2

Exterior Features

  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Storage
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 12

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Utilities: Natural Gas Connected
  • Water Source: Well

Schools

  • Junior High Dist: Franklin

Lot Info

  • Lot Size Sq Ft: 108900
  • Zoning: Res w/ com
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 9
  • Total Actual Rent: 3650
  • Number Of Separate Electric Meters: 2

Tax Info

  • Tax Annual Amount: 2016
  • Tax Map Number: 11,016.-019C.-000
  • Tax Year: 2021

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft
01/03/2022 01/03/22 Sold $120,000 -36.8% --
12/04/2021 12/04/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $189,900 -- --
Source: Allegheny Valley Board of REALTORS®

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 $973 $34,740 $0 $34,740
2024 $903 $34,740 $0 $34,740
2023 $903 $34,740 $0 $34,740
2022 $903 $34,740 $0 $34,740
2021 $903 $34,740 $0 $34,740
2020 $900 $34,740 $0 $34,740
2019 $900 $34,740 $0 $34,740
Source: Public Records

Agents Affiliated with this Home

  • Josh Beightol

    Seller's Agent in 2022

    Josh Beightol

    Shawgo Real Estate LLC

    (814) 657-2435

    35 in this area

    128 Total Sales

    Josh Beightol
    Section Image
  • Allen Sharrer

    Buyer's Agent in 2022

    Allen Sharrer

    1st Rate Realty, LLC

    (814) 673-8466

    108 in this area

    226 Total Sales

    Allen Sharrer
    Section Image
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Map

Source: Allegheny Valley Board of REALTORS®

MLS Number: 155586

APN: 11,016.-019C.-000/02

Pennsylvania Venango County Franklin 16323

747 Mercer Rd, Franklin, PA

Not Listed for Sale

MultiFamily

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