Triplex with Renovation
For Sale
$125,000
1220 Randolph St, New Castle, PA 16101
Two units are occupied, while the third-floor unit is prepared for renovation and future leasing.
Property SizeContact for details
Days on Market55
Property Features for 1220 Randolph St
General Information
Standard status
Active
Property subtype
Multi-Family
Additional Details
Multifamily Units
3
Amenities
off-street parking
large backyard
Building Details
Year Built
1920
Buildings
1
Listing Agency:
RE/MAX Select Realty
(724) 933-6300
Listed By:
Jackson Realty Group
(412) 790-2779
Source:
Jacksonrealty
Added: Aug 23
Changed: Oct 15
Last Checked: Oct 14 at 11:19PM
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 RE/MAX Select Realty
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Investment Insights
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Built in 1920, this three-unit residential income property offers an existing rental component alongside a third-floor unit that has been stripped for renovation. The first- and second-floor residences are currently rented, while the upper unit provides a defined project for restoring the full configuration. Off-street parking and a large backyard add practical amenities for occupants.
The property is located near shopping, restaurants, grocery stores, and other everyday services. Downtown New Castle and major routes are also accessible from the property, supporting convenient commuting and daily errands. The triplex format, current occupancy in two units, and unfinished third-floor space provide a straightforward combination of operating rental space and renovation work.
The property is located near shopping, restaurants, grocery stores, and other everyday services. Downtown New Castle and major routes are also accessible from the property, supporting convenient commuting and daily errands. The triplex format, current occupancy in two units, and unfinished third-floor space provide a straightforward combination of operating rental space and renovation work.
Key Highlights
- Triplex built in 1920
- First- and second‑floor units are currently rented
- Stripped third‑floor unit ready for renovation
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
251
Businesses Nearby
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Business Placement
Demographics for 16101, PA
31,960
Population
14,755
Households
2.2
Avg Household Size
44
Median Age
18%
College-Educated
92%
High-School Grad
69.2 sq mi
ZIP Area
462
Density / Sq Mi
$50,481
Median Household Income
$36,670
Median Earnings
$706
Median Rent
$109,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Two units are occupied, while the third-floor unit is prepared for renovation and future leasing.
Where is this triplex located?
The property is located at 1220 Randolph St New Castle, PA.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Triplex built in 1920; First- and second‑floor units are currently rented; Stripped third‑floor unit ready for renovation
