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Three-Unit Apartment Building
For Sale
$35,000

104 Forrest Street, Petrolia, PA 16050

Three separate apartments span the building’s levels, including a basement unit, with renovation work anticipated.

Property SizeContact for details
Days on Market153

Property Features for 104 Forrest Street

General Information

Standard status Active
Total Parking Spaces 1
Property subtype Multi-Unit / Triplex

Property Condition

Severity Repairs Needed
Evidence requires some TLC

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $1,301

Amenities

Yes
0.0

Building Details

Year Built 1927
Listing Agency: BERKSHIRE HATHAWAY THE PREFERRED REALTY
Listed By: Debbie Macurak/Sandy Bracken · License #RS211993L
Source: Compass
Added: Mar 31 Changed: Aug 30 Last Checked: Aug 30 at 4:02PM

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 BERKSHIRE HATHAWAY THE PREFERRED REALTY

Investment Insights

Based on property information with market context.

Built in 1927, this residential income property is configured as a triplex with one apartment on each level, including the basement. The existing layout provides three separate living units within a single building.

The property requires updating and may suit a buyer seeking a renovation project with an established multifamily configuration. Its current three-unit arrangement supports continued use as an apartment property, subject to applicable requirements.

Key Highlights

  • Triplex configuration with three separate apartments
  • Apartment layout extends across each level, including the basement
  • Built in 1927

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Big Box & Wholesale Store Bakery Grocery & Convenience Store Restaurant Pharmacy Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

54
Businesses Nearby

Demographics for 16050, PA

1,250
Population
522
Households
2.4
Avg Household Size
45
Median Age
16%
College-Educated
93%
High-School Grad
20.8 sq mi
ZIP Area
60
Density / Sq Mi
$58,558
Median Household Income
$43,750
Median Earnings
$995
Median Rent
$123,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three separate apartments span the building’s levels, including a basement unit, with renovation work anticipated.
Where is this triplex located?
The property is located at 104 Forrest Street Petrolia, PA.
What is the asking price?
The asking price for this property is $35,000.
What are key features of this property?
This property features: Triplex configuration with three separate apartments; Apartment layout extends across each level, including the basement; Built in 1927
More about this property
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