320 E Lincoln Ave
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320 E Lincoln Ave
12 Unit Block of Flats £397,759 (£33,147/Unit) New Castle, PA 16101
Investment Highlights
- 58% occupied
- Elevator
- Located by Highschool
- Fully Sprinkled
- Ample Parking
- Ideal Location
Executive Summary
This unique offering presents an exceptional opportunity for investors or individuals seeking a multi-family residence. Nestled within New Castle, this property showcases twelve (12) thoughtfully designed One (1) Bedroom apartments. As a value-add proposition, this property presents the chance to enhance its appeal further. Five (5) units currently require minor rehabilitation, providing the perfect canvas for creative improvements. With a little investment, you can revitalize these units to attract even more discerning tenants and maximize the property's potential. Situated within a restored old home, this building seamlessly blends the charm of its original architecture with the practicality of a modern multi-family residence. The building is fully sprinkled and has an elevator that provides convenient access to all floors.
Property Facts
| Price | £397,759 | Building Class | C |
| Price Per Unit | £33,147 | Lot Size | 0.40 AC |
| Sale Type | Investment | Building Size | 10,000 SF |
| No. Units | 12 | Average Occupancy | 58% |
| Property Type | Residential | Number of Floors | 4 |
| Property Subtype | Apartment | Year Built | 1920 |
| Apartment Style | Low Rise |
| Price | £397,759 |
| Price Per Unit | £33,147 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.40 AC |
| Building Size | 10,000 SF |
| Average Occupancy | 58% |
| Number of Floors | 4 |
| Year Built | 1920 |
Unit Amenities
- Kitchen
- Tub/Shower
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PROPERTY TAXES
| Parcel Number | 02-160400 | Improvements Assessment | £118,264 |
| Land Assessment | £10,386 | Total Assessment | £128,650 |
PROPERTY TAXES
Parcel Number
02-160400
Land Assessment
£10,386
Improvements Assessment
£118,264
Total Assessment
£128,650
zoning
| Zoning Code | R2 (R2) |
| R2 (R2) |
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320 E Lincoln Ave
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