$245,000
SOLD APR 9, 2025

755 E Railroad Ave Verona, PA 15147

-- Bed
-- Bath
-- Sq Ft
2,749 Sq Ft Lot

Recently Sold

2% Below List Price

29 Days on Market

About This Home

As of April 2025

This unique, four unit building, located in a bustling commercial district, presents a solid investment opportunity. While situated in a high traffic area, it offers convenient, private parking for tenants. The structure features a recently installed metal roof, ensuring durability, and longevity for years to come. Each unit offers a functional layout, ready to be adopted to meet future tenant needs. This property emphasizes location and practicality, making it an ideal choice for those looking to invest in a well positioned income generating building in a thriving commercial area.

Last Agent to Sell the Property

Danielle Sanford

REALTY ONE GROUP LANDMARK License #RS372121 Listed on: 01/13/2025

Last Buyer's Agent

Christopher Rearick

THE LOCAL LEVEL REALTY LLC License #RB069853

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,225

Lot Details

  • 2,749 Sq Ft Lot

Home Design

  • Quadruplex
  • Metal Roof
  • Vinyl Siding

Parking

  • 4 Parking Spaces
  • Assigned Parking

Additional Features

  • Unfinished Basement

Community Details

  • 4 Units
  • Gross Income $29,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,225

Lot Details

0

Listing Details

  • Municipality: Verona
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Lot Size Acres: 0.0631
  • Lot Size: 0.0631
  • Directions: GPS
  • Architectural Style: Fourplex
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Basement YN: Yes

Exterior Features

  • Roof: Metal
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 4.0

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Annual Utilities Expense: 2001.0

Schools

  • Junior High Dist: Riverview

Lot Info

  • Zoning: NCU
  • Zoning Description: NCU
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 29400.0

Tax Info

  • Tax Annual Amount: 3225.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2025
Closed on
Apr 4, 2025
Sold by
Amato Marianne and Arendosh Joseph E
Bought by
H R P E Railroad Ave L L C and Hrp E Railroad Ave L L C
Seller's Agent
Danielle Sanford
REALTY ONE GROUP LANDMARK
Buyer's Agent
Christopher Rearick
THE LOCAL LEVEL REALTY LLC
List Price
$249,000
Sold Price
$245,000
Premium/Discount to List
-$4,000
-1.61%
Views
21
Current Estimated Value
$245,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$710
Avg. Annual Appreciation
-0.01%
Original Mortgage
$227,110
Outstanding Balance
$227,110
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$17,885

Purchase Details

Closed on
Mar 20, 1985
Bought by
Arendosh Joseph E and Arendosh Jean E
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 Type Sale Price Title Company
Deed $245,000 --
Deed $245,000 --
Deed $28,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $227,110 New Conventional
Closed $227,110 New Conventional
Previous Owner $480,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2025 04/09/25 Sold $245,000 -1.6% --
02/11/2025 02/11/25 Pending -- -- --
01/13/2025 01/13/25 For Sale $249,000 -- --
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
2024 $3,225 $83,600 $12,400 $71,200
2023 $3,185 $83,600 $12,400 $71,200
2022 $3,152 $83,600 $12,400 $71,200
2021 $2,993 $83,600 $12,400 $71,200
2020 $2,993 $83,600 $12,400 $71,200
2019 $2,971 $83,600 $12,400 $71,200
2018 $395 $83,600 $12,400 $71,200
2017 $2,924 $83,600 $12,400 $71,200
2016 $395 $83,600 $12,400 $71,200
2015 $395 $83,600 $12,400 $71,200
2014 $2,941 $83,600 $12,400 $71,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: West Penn Multi-List

MLS Number: 1684950

West Penn Multi-List

APN: 0364-K-00101-0000-00