NOT LISTED FOR SALE

837 E Main St Somerset, PA 15501

4 Beds
4 Baths
10,952 Sq Ft
1.21 Acres

Last Sold April 14, 2023

Last sale price $350,000 $32 Per Sq Ft

13 Days on Market

Highlights

  • 1.21 Acre Lot
  • Central Air
  • Heat Pump System
  • Double Pane Windows

About This Home

As of April 2023

**Investment Opportunity** Four Low-Rise Apartment Building Investment in Somerset Borough on over an acre of land. One of four buildings has 4 units completely renovated and 100% occupied. Other three buildings are gutted and/or need renovated. All buildings have new roofs. Ample parking - upper and lower lots - approx 30 total parking spaces. Tons of potential, great location for renters, close to all amenities.

Co-Listed By

Frances Trimpey

HOWARD HANNA BARDELL REALTY SOMERSET Brokerage Phone: 8144456587 License #RS347654

Last Buyer's Agent

Josh Crowe

BHHS Preferred Donegal License #RS327445

BHHS Preferred Donegal

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,961

Lot Details

  • 1.21 Acre Lot
  • Additional Parcels

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 10,952 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Double Hung Windows
  • Laminate Flooring
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • Driveway
  • Open Parking
  • Off-Street Parking

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • 20 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,961

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.21
  • Lot Size: 230 x 230
  • Road Frontage Type: Public Street
  • Co List Office Mls Id: 100
  • Co List Office Phone: 814-445-6587
  • Exclusions: Tenant Personal Belongings, Remaining Construction Materials
  • Inclusions: Appliances In Kitchen
  • Directions: E. Main St to property. No signage
  • Architectural Style: Two Story
  • Carport Y N: No
  • Unit Levels: Two, Other-See Comments
  • Attribution Contact: 8144456587
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator, Unit 1(Refrigerator Included,Stove Included), Unit 2(Refrigerator Included,Stove Included), Unit 3(Refrigerator Included,Stove Included), Unit 4(Refrigerator Included,Stove Included)
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Laminate
  • Living Area: 10952
  • Window Features: Double Hung, Double Pane Windows

Exterior Features

  • Lot Features: More Than One Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Brick
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Asphalt, Off Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Unit 1(Garbage Cost Included,Sewage Cost Included,Water Cost Included), Unit 2(Garbage Cost Included,Sewage Cost Included,Water Cost Included), Unit 3(Garbage Cost Included,Sewage Cost Included,Water Cost Included), Unit 4(Garbage Cost Included,Sewage Cost Included,Water Cost Included)
  • Association Fee Frequency: None
  • Pets Allowed: Unit 1 Pets Allowed, Unit 2 Pets Allowed, Unit 3 Pets Allowed, Unit 4 Pets Allowed, Yes

Schools

  • Junior High Dist: Somerset Area

Lot Info

  • Lot Size Sq Ft: 52707.6
  • Farm Land Area Units: Square Feet
  • Additional Parcels: Yes
  • Zoning Description: Residential

Multi Family

  • Number Of Units Total: 20
  • Total Actual Rent: 3000
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 3960.84
  • Tax Map Number: S41-042-011,012-00
  • Tax Year: 2023
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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
04/14/2023 04/14/23 Sold $350,000 -7.9% $32 / Sq Ft
03/08/2023 03/08/23 Pending -- -- --
02/22/2023 02/22/23 For Sale $380,000 -- $35 / Sq Ft
Source: Cambria Somerset Association 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 $9,042 $113,640 $0 $0
2024 $2,471 $31,060 $0 $0
2023 $2,417 $31,060 $0 $0
2022 $2,298 $31,060 $0 $0
2021 $2,251 $31,060 $0 $0
2020 $7,154 $100,110 $0 $0
2019 $7,154 $100,110 $0 $0
2018 $7,053 $100,110 $4,140 $95,970
2017 $7,003 $100,110 $4,140 $95,970
2016 -- $100,110 $4,140 $95,970
2015 -- $100,105 $4,140 $95,965
2014 -- $100,105 $4,140 $95,965
Source: Public Records

Agents Affiliated with this Home

  • Frances Trimpey

    Seller Co-Listing Agent in 2023

    Frances Trimpey

    HOWARD HANNA BARDELL REALTY SOMERSET

    (412) 915-2905

    5 in this area

    78 Total Sales

    Frances Trimpey
    Section Image
  • Josh Crowe

    Buyer's Agent in 2023

    Josh Crowe

    BHHS Preferred Donegal

    (724) 454-2356

    19 in this area

    324 Total Sales

    Josh Crowe
    Section Image
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Map

Source: Cambria Somerset Association of REALTORS®

MLS Number: 96028950

Pennsylvania Somerset County Somerset 15501

837 E Main St, Somerset, PA

Not Listed for Sale

MultiFamily

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