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New Castle
16101
16101
W81° 39' 1.3''
N41° 0' 36.9''
Contact Info
Justine VanCise
3023953
Property Description

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.

811 Wilmington Ave

New Castle, Pennsylvania 16101, United States

  • Square Footage: 10,498 Sqft
$460,000
Listing ID#177982
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Basic Details
Property Type : Residential
Listing Type : Pending
Listing ID : 177982
Ref ID : 411541312
Price : $460,000
Square Footage : 10,498 Sqft
Lot Area : 0.24 Sqft
MLS : 1713221
Office ID : PA315-005
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Agent info
Justine VanCise
The Preferred Realty
The Preferred Realty
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