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    233 Monterey St Rimersburg, PA 16248

    For Sale
    $290,000

    Multi Family - Rimersburg, PA

    Property size:
    3,261 SF
    Lot size:
    0.33 Acres
    Days on Market:
    156
    Last Refresh:
    Dec 9 at 2:06 pm

    Property Features for 233 Monterey St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    No Zoning
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    Parking
    5
    Patio and Porch features
    Porch
    Interior features
    Cable Tv Available, Electric-circuit Break-100 Amp, High Speed Internet, Laminate, Main Level Bedroom
    Exterior features
    Porch
    Appliances
    Refrigerator
    Size
    3,261 SF
    Lot size
    0.33 Acres

    Utilities

    Utilities
    Cable Available, Electricity Available
    Heating system
    Forced Air, Hot Water (Heating)

    Building Details

    Year built
    1940
    Floors in Building
    2
    Number of units
    3
    Building materials
    Frame, Vinyl Siding, Wood Siding
    Roof type
    Composition
    Architectural style
    Other

    Burns & Burns Realty (814) 226-6050 [email protected]

    Listing agent Michael Wise (814) 226-6050

    Listing date Jul 7, 2025

    MLS# 161700 Listing URL

    Copyright © 2025 Allegheny Valley Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Rimersburg Multifamily Investment Opportunity

    This property features an excellent rental opportunity with three residential units, currently 100% rented. The property includes one 3-bedroom residential unit and a duplex containing two 3-bedroom units, situated on 0.33 acres in Rimersburg. Each unit is equipped with 1 full bath, washer & dryer hookups, a gas forced air furnace, and a private basement with 100-amp circuit breakers. All three units are currently rented, with tenants in good standing. Financial information is available to qualified buyers. The duplex faces Main Street at the intersection of Main and Monterey, while the third unit faces Monterey. Parking is located in the rear off of Back Street. Each unit has separate meters, and tenants are responsible for their own utilities. The property offers excellent access to RT 68, RT 861, RT 58, Sligo, East Brady, and all amenities in Rimersburg and Union Schools. The total living area of all units is 3261 square feet.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Map

    City
    Rimersburg
    County
    Clarion
    State
    Pennsylvania
    Longitude
    -79.5075976
    Latitude
    41.0385963

    FAQs

    What type of property is this?
    Triplex - Fully rented triplex with three residential units in Rimersburg, PA.
    Where is this triplex located?
    The property is located at 233 Monterey St Rimersburg, PA.
    What is the asking price?
    The asking price for this property is $290,000.
    What are key features of this property?
    This property features: - 100% Rented with Current Tenants: Provides immediate rental income.; - Three Residential Units: Includes one 3-bedroom unit and a duplex with two 3-bedroom units.; - Separate Utilities: Each unit has separate meters, and tenants pay their own utilities.
    (814) 226-6050
    Request Owner's contact information
    233 Monterey St Rimersburg, PA 16248
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    Rimersburg, PA 16248
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    233 Monterey St Rimersburg, PA 16248
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