Ebensburg Multifamily Investment
711 Rowena Drive Ebensburg, PA 15931
711 Rowena Drive, Ebensburg, PA, 15931
$149,900
Pending
For Sale
$149,900
Pending
MULTI_FAMILY - Ebensburg, PA
Property Size1,344 SF
Lot Size0.11 Acres
Days on Market363
Property Features for 711 Rowena Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Residential
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 3
- Parking features
- Driveway
- Exterior features
- Fire Pit, Rain Gutters
- Standard status
- Pending
- APN
- 25-015.-106.001
- Size
- 1,344 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Deed book/page 2021/3066
- Tax Annual Amount
- 1261
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Hot Water(Heating)
- Water source
- Public
Building Details
- Number of units
- 2
Listing Agency
Re/max Results Realty Group
(814) 946-9355
1001 Logan Blvd, Altoona, PA
Listed by
Jessica Mastri · License #RS326182
(814) 931-0426
Added: Jul 23, 2025 Checked: Jul 20 at 12:06 am
MLS# 77978
Listing URL
Copyright © 2026 Allegheny Highland Association 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.
Investment Insights
Based on property information with market context.
This multifamily property in Ebensburg Borough, Pennsylvania, presents an investment opportunity or a chance for owner-occupancy. The property is located close to Lake Rowena and the Ghost Town Trail, with convenient highway access. The bottom unit has been updated, and the top floor unit has been recently updated with new flooring, paint, and lighting. The property has a newer roof. The building has 1344 square feet of space and is located on a 0.11-acre lot.
Key Highlights
- Two‑unit property in Ebensburg Borough with updated bottom unit and recently updated top floor unit (new flooring, paint, and lighting)
- Newer roof
- Public water and public sewer
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $13.7k | $10.20 |
| − Vacancy | −$1.0k | −$0.77 |
| EGI | $12.7k | $9.44 |
| − OpEx | −$3.8k | −$2.83 |
| NOI | $8.9k | $6.60 |
1,344 SF · lease $10.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$126.8K
$111.0K – $147.9K
NOI $8,876 @ 7.0% cap · market cap 5.92%
Second Best
Apartment 5plus
$117.8K
$103.1K – $137.5K
NOI $8,249 @ 7.0% cap · market cap 5.50%
Theoretical Best
Office A
$405.5K
$354.8K – $473.1K
NOI $28,385 @ 7.0% cap · market cap 18.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Updated duplex in Ebensburg Borough, great investment or owner-occupancy.
Where is this duplex located?
The property is located at 711 Rowena Drive Ebensburg, PA.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Two‑unit property in Ebensburg Borough with updated bottom unit and recently updated top floor unit (new flooring, paint, and lighting); Newer roof; Public water and public sewer
