Linesville Home with Spacious
138 S MERCER Street Linesville, PA 16424
138 S MERCER Street, Linesville, PA, 16424
$118,900
For Sale
$118,900
MULTI_FAMILY - Other - Linesville, PA
Property Size1,120 SF
Lot Size0.31 Acres
Price / SF$106.16
Days on Market72
Property Features for 138 S MERCER Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 3, Bedroom 1
- Parking
- 2
- Standard status
- Active
- APN
- 3017-031
- Size
- 1,120 SF
- Lot size
- 0.31 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 1242
- Expense value
- 2000
- Expense
- SecurityDeposit
- Expense freq.
- One Time
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Floors in Building
- 2
- Number of units
- 1
- Building materials
- AluminumSiding, Frame
- Roof type
- Asphalt
- Architectural style
- Other
Listing Agency
ERA Richmond Real Estate Service
(814) 337-6000
751 N Main St, Meadville, PA
Listed by
Annette Hoover · License #RS332922
(814) 282-6286
Added: May 11 Updated: Jul 20 at 3:07 pm Checked: Jul 21 at 4:06 am
MLS# 190837
Listing URL
Copyright © 2026 Greater Erie Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-story home is conveniently located one block from Main Street in Linesville. The property features three bedrooms and two bathrooms. The home has an open layout and includes first-floor laundry and an attached garage. A separate garage is available for storage or use as a workshop. The property includes a backyard with space for entertaining or gardening. The lot size is 0.31 acres, and the property size is 1120 square feet.
Key Highlights
- 2‑story home in Linesville, located about a block from Main Street
- 3 bedrooms and 2 bathrooms with an open layout
- First‑floor laundry
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $16.5k | $14.76 |
| − Vacancy | −$909 | −$0.81 |
| EGI | $15.6k | $13.95 |
| − OpEx | −$7.0k | −$6.28 |
| NOI | $8.6k | $7.67 |
1,120 SF · lease $14.76/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$122.7K
$107.4K – $143.2K
NOI $8,592 @ 7.0% cap · market cap 7.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$277.9K
$243.1K – $324.2K
NOI $19,450 @ 7.0% cap · market cap 16.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Two-story home with three bedrooms, two baths, and two garages.
Where is this single family property located?
The property is located at 138 S MERCER Street Linesville, PA.
What is the asking price?
The asking price for this property is $118,900.
What are key features of this property?
This property features: 2‑story home in Linesville, located about a block from Main Street; 3 bedrooms and 2 bathrooms with an open layout; First‑floor laundry
