NOT LISTED FOR SALE

902 Lincoln Hwy North Versailles, PA 15137

Estimated Value: $277,404

-- Bed
-- Bath
-- Sq Ft
0.26 Acres

Last Sold August 07, 2024

Last sale price $265,000

Est. 5% increase in value since last sale

Current estimated payment $1,970/month

153 Days on Market

About This Home

As of August 2024

Fantastic cash flowing 5 unit in North Versailles. 4 units are residential and 3 are currently occupied. The 4th unit is currently being marketed at $650. The residential units have been updated as tenants moved in. Tenants pay their own gas and electric. Water/sewage stays in owners name. There is a common gas account ($50 - $100 a month) and common Electric ($20-$25 per month). Dumpster service is around $440 per year.
5th unit is a huge commercial space that has been completely redone and could be a great office for businesses including dental, doctor, medical office, insurance agencies, contractor company, etc. Was previously used to run a very successful landscaping company. Great location and access. Estimated market rent of $2,000-3,000 per month. 15 off-street parking spaces can be used by the residential or commercial tenants. Great opportunity to own a fantastic investment building.

Last Agent to Sell the Property

Austin Daniel

WPML Inactive User File License #RS289225 Listed on: 03/06/2024

Last Buyer's Agent

Hunter Donnelly

CENTURY 21 FAIRWAYS REAL ESTATE License #RS359128

CENTURY 21 FAIRWAYS REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,957

Lot Details

  • 0.26 Acre Lot

Home Design

  • Composition Roof

Parking

  • 15 Parking Spaces
  • Off-Street Parking

Community Details

Building Details

  • Insurance Expense $1,380
  • Gross Income $28,920

Additional Features

  • 5 Units
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,957

Lot Details

0

Listing Details

  • Municipality: N Versailles
  • Property Sub Type: Other
  • Property Type: Residential Income
  • Lot Size Acres: 0.2562
  • Lot Size: 0.2562
  • Property Sub Type Additional: Other
  • Special Features: None

Exterior Features

  • Roof: Composition
  • Construction Type: Brick

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 15.0

Utilities

  • Annual Utilities Expense: 1320.0

Condo/Co-op/Association

  • Community Features: Public Transportation

Schools

  • Junior High Dist: McKeesport Area

Lot Info

  • Zoning: Comm
  • Zoning Description: Comm
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 4
  • Annual Gross Income: 28920.0
  • Insurance Expense: 1380.0
  • Vacancy Allowance Rate: 5.0

Tax Info

  • Tax Annual Amount: 5957.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
Jul 18, 2024
Sold by
Eighteen North Holdings Llc
Bought by
Wojtowicz Llc
Seller's Agent
Austin Daniel
WPML Inactive User File
Buyer's Agent
Hunter Donnelly
CENTURY 21 FAIRWAYS REAL ESTATE
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%
Views
30
Current Estimated Value
$277,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,404
Avg. Annual Appreciation
4.33%

Purchase Details

Listed on
Feb 28, 2021
Closed on
Jul 2, 2021
Sold by
Meyer Avid P and Meyer Nancy J
Bought by
Eighteen North Holdings Llc
Seller's Agent
Michael Reed
COLDWELL BANKER REALTY
Buyer's Agent
Karen Schramm
HOWARD HANNA REAL ESTATE SERVICES
List Price
$279,900
Sold Price
$250,000
Premium/Discount to List
-$29,900
-10.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.91%

Purchase Details

Closed on
Mar 31, 2005
Sold by
First National Bank Of Pa
Bought by
Meyer David P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.61%
Mortgage Type
Construction
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 Buyer Sale Price Title Company
Wojtowicz Llc $265,000 --
Eighteen North Holdings Llc $250,000 --
Eighteen North Holdings L L C $250,000 None Available
Meyer David P $126,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meyer David P $100,000
Previous Owner Meyer David P $100,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2024 08/07/24 Sold $265,000 -3.6% --
03/06/2024 03/06/24 For Sale $275,000 +10.0% --
07/09/2021 07/09/21 Sold $250,000 -10.7% --
02/28/2021 02/28/21 For Sale $279,900 -- --
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 $5,638 $142,900 $47,000 $95,900
2024 $5,638 $142,900 $47,000 $95,900
2023 $5,957 $151,000 $47,000 $104,000
2022 $5,957 $151,000 $47,000 $104,000
2021 $714 $151,000 $47,000 $104,000
2020 $5,957 $151,000 $47,000 $104,000
2019 $5,957 $151,000 $47,000 $104,000
2018 $714 $151,000 $47,000 $104,000
2017 $5,957 $151,000 $47,000 $104,000
2016 $714 $151,000 $47,000 $104,000
2015 $714 $151,000 $47,000 $104,000
2014 $6,043 $151,000 $47,000 $104,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: West Penn Multi-List

MLS Number: 1643868

West Penn Multi-List

APN: 0547-L-00171-0000-00