811 Wilmington Ave New Castle, PA 16101
10,498 Sq. Ft., 0.241 acres lot size / Other
Status: Sold
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Outstanding opportunity to own an income-generating 9-unit apartment building with off-street parking. The property features a mix of one- and two-bedroom units, with current rents ranging from $675 to $840, and a gross annual income of $78,396. Recent improvements include a newly resealed roof (07/2025), several recently updated units, new washer (2024). Tenants have access to an on-site coin-operated laundry area. Multiple units have passed local housing authority inspections - meeting all standards for habitability, safety, and functionality. All units are under standard lease agreements and managed by a licensed property manager. Owner pays gas, water, and trash; tenants pay electric (heat is electric baseboard). Photos from prior rental listings. This is a true turnkey investment with strong cash flow and minimal upkeep - ideal for investors looking for a stable, professionally managed asset.
property details
Type
Other
Status
Closed
County
Lawrence
Lot Size
10,498 Sq. Ft., 0.2 acres
Listing Id
1713221
Courtesy Of
Justine VanCise - BERKSHIRE HATHAWAY THE PREFERRED REALTY +1 724 421 4906
List Office Phone
+1 (724) 282-1313
Exterior Features
Parking
Off Street
Utility & Building Info
Below Grade Finished Area
0
Price Per Sq Meter
$0
Building Area Total
0 Sq. Ft.
Architectural Style
Other
Price History
| date | event | price | source |
|---|---|---|---|
|
10/15/2025
10/15/2025
|
Sold |
$315,000
|
West Penn MLS |
|
09/28/2025
09/28/2025
|
Pending |
$460,000
|
West Penn MLS |
|
08/14/2025
08/14/2025
|
Active |
$460,000
|
West Penn MLS |
|
07/24/2025
07/24/2025
|
Active |
$475,000
|
West Penn MLS |
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Market Trends
Source: Constellation1
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