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    1500-1508 13Th St Altoona, PA 16601

    For Sale
    $140,000

    High-potential multi-family investment.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This 8-unit apartment building located at 1500-1508 13th Street, Altoona, PA, presents a unique opportunity for investors and renovators. Priced at $140,000, this property offers significant upside potential. Situated in the heart of Altoona, the building benefits from a growing rental market, promising a strong return on investment after revitalization. The property's current condition suggests a "fixer-upper" opportunity, ideal for those seeking a hands-on project with substantial profit potential. While the square footage is not currently specified, the eight units provide ample space for rental income generation. The property sits on a lot with zero acres, indicating a compact urban location. This multi-family investment is perfect for those seeking to capitalize on Altoona's thriving rental market. The building's current state presents a chance to add value through renovations and upgrades, maximizing rental income and overall property value. This is a prime opportunity for investors looking for a project with high potential returns. Don't miss out on this chance to acquire a valuable asset in a desirable location. Act quickly, as opportunities like this are rare.

    Property Features for 1500-1508 13Th St

    General Information

    Property type
    Residential income properties

    Building Details

    Year Built
    1920
    Property Profile Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Altoona
    County
    Blair
    State
    Pennsylvania
    Longitude
    -78.40456
    Latitude
    40.51778

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    FAQs

    What type of property is this?
    Residential income property - High-potential multi-family investment.
    Where is this residential income property located?
    The property is located at 1500-1508 13Th St Altoona, PA.
    What is the asking price?
    The asking price for this property is $140,000.
    (814) 944-9377
    Request Owner's contact information
    1500-1508 13Th St Altoona, PA 16601
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    Altoona, PA 16601
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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
    1500-1508 13Th St Altoona, PA 16601
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