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6-Unit Apartment Building
For Sale
$79,000

101 W WATER ST, New Philadelphia, PA 17959

Six apartments offer a complete renovation project with a mix of one- and two-bedroom layouts.

Property SizeContact for details
Days on Market50

Property Features for 101 W WATER ST

General Information

Standard status Active

Property Condition

Severity Major Repairs Needed
Evidence needs a complete renovation

Units

Unit Mix 3 x 1BR, 3 x 2BR
Multifamily Units 6

Additional Details

Asking Price $79,900
Listing Agency: LPMG Management Co.
Listed By: Michael John Fiteni · License #5008303
Source: Lakehomesbyliz
Added: Sep 4 Changed: Oct 9 Last Checked: Oct 23 at 6:20AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LPMG Management Co.

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Investment Insights

Based on property information with market context.

Located at 101 W Water St in New Philadelphia, Pennsylvania, this apartment property contains six residential units arranged as three one-bedroom apartments and three two-bedroom apartments. The building is being offered as a full renovation project, providing a defined scope for buyers planning to undertake comprehensive improvements.

The property is suited to an owner or investor prepared to manage a substantial rehabilitation program. Its existing unit mix supports both one- and two-bedroom occupancy formats, while the six-unit configuration provides a compact multifamily asset for a buyer focused on renovating and leasing the apartments.

Key Highlights

  • Six‑unit apartment property at 101 W Water St, New Philadelphia, PA 17959
  • Unit mix includes three 1‑bedroom and three 2‑bedroom apartments
  • Full renovation project requiring comprehensive rehabilitation

Property Analytics

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Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

72
Businesses Nearby

Demographics for 17959, PA

1,341
Population
766
Households
1.8
Avg Household Size
48
Median Age
14%
College-Educated
92%
High-School Grad
14.0 sq mi
ZIP Area
96
Density / Sq Mi
$58,239
Median Household Income
$44,400
Median Earnings
$575
Median Rent
$81,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Six apartments offer a complete renovation project with a mix of one- and two-bedroom layouts.
Where is this apartment building located?
The property is located at 101 W WATER ST New Philadelphia, PA.
What is the asking price?
The asking price for this property is $79,000.
What are key features of this property?
This property features: Six‑unit apartment property at 101 W Water St, New Philadelphia, PA 17959; Unit mix includes three 1‑bedroom and three 2‑bedroom apartments; Full renovation project requiring comprehensive rehabilitation
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