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Corner Lot Multi-Unit Residential Property
For Sale
$354,900

116 Derrick Rd, Bradford, PA 16701

Three-unit residential property with baseboard heat, a built-in two-car garage, and basement access via Bilco door.

Days on Market46

Property Features for 116 Derrick Rd

General Information

Standard status Active
Property subtype Multi Family

Additional Details

Multifamily Units 3

Building Details

Year Built 1915
Tenancy Multi
Listing Agency: Real Estate Pros & More
Listed By: Michael A. DePalma · License #AB046777L
Source: Elliman
Added: Jun 15 Changed: Jul 10 Last Checked: Jul 29 at 10:12AM

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 Real Estate Pros & More

Investment Insights

Based on property information with market context.

This well-maintained multi-unit residential property sits on a large corner lot and is configured with one spacious first-floor unit and two apartments on the upper level. The first-floor unit features approximately 2,000 square feet with 3 bedrooms and 2 full baths, along with a large kitchen that includes oak cabinetry, solid core countertops, and ceramic tile flooring in the bathrooms. The upper level offers a one-bedroom unit and a two-bedroom unit, creating multiple rental options within the same building. Heating is provided to all units via efficient hot water baseboard heat. Additional improvements include a built-in 2-car garage, a storage shed, a patio area, and a partial basement with convenient Bilco door access.

The property is located at 116 Derrick Rd in Foster Brook, Pennsylvania. Its corner lot setting provides straightforward overall site organization, supported by the garage and outdoor patio space.

With three separate living units and an owner-occupancy option through the first-floor layout, this property can fit a range of residential objectives, including income-focused ownership or multi-generational living. The clear unit mix—three bedrooms on the main level plus one- and two-bedroom apartments upstairs—also supports tenant variety while keeping utilities served by the same hot water baseboard heating approach across the building. Pride of ownership is reflected throughout the property’s condition and finish details noted in the first-floor kitchen and bathroom surfaces.

Key Highlights

  • Three‑unit residential property with 2,000 SF first‑floor unit featuring 3 bedrooms and 2 full baths
  • Upper level includes two additional apartments: one one‑bedroom unit and one two‑bedroom unit
  • Efficient hot water baseboard heat serves all units

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Locksmith

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

187
Businesses Nearby

Demographics for 16701, PA

16,887
Population
7,544
Households
2.2
Avg Household Size
41
Median Age
23%
College-Educated
92%
High-School Grad
220.0 sq mi
ZIP Area
77
Density / Sq Mi
$61,996
Median Household Income
$36,886
Median Earnings
$758
Median Rent
$97,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Triplex - Three-unit residential property with baseboard heat, a built-in two-car garage, and basement access via Bilco door.
Where is this triplex located?
The property is located at 116 Derrick Rd Bradford, PA.
What is the asking price?
The asking price for this property is $354,900.
What are key features of this property?
This property features: Three‑unit residential property with 2,000 SF first‑floor unit featuring 3 bedrooms and 2 full baths; Upper level includes two additional apartments: one one‑bedroom unit and one two‑bedroom unit; Efficient hot water baseboard heat serves all units
More about this property
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