Two-Unit
New
For Sale
$55,000
1401 State Route 227, Oil City, PA 16301
Both residences are leased, and occupants cover their utility costs.
Property Size2,483 SF
Price / SF$22.15
Days on Market2
Property Features for 1401 State Route 227
General Information
Standard status
Active
Size
2,483 SF
Total Parking Spaces
4
Property subtype
Multi Family Home
Zoning
R
Occupancy
100%
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Tenant in Place
Yes
Building Details
Building Size
2,483 SF
Year Built
1900
Buildings
1
Stories
2
Units
2
Tenancy
Multi
Listing Agency:
1st Rate Realty, LLC
(814) 432-2900
Listed By:
Brian Kurtich · License #RS334683
(814) 758-4023
Source:
Acemontanarealtysite
Added: Nov 1
Last Checked: Nov 1 at 3:48PM
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 1st Rate Realty, LLC
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Investment Insights
Based on property information with market context.
This 2,483-square-foot duplex contains two residences, each configured with 2 bedrooms and 1 full bathroom. Both units are occupied by long-term tenants, and tenants pay the utilities. The lower residence has HUD approval.
Built in 1900, the property is zoned R and sits on more than half an acre. The address is 1401 State Route 227 in Oil City, Pennsylvania. On-site parking is available for tenants.
Built in 1900, the property is zoned R and sits on more than half an acre. The address is 1401 State Route 227 in Oil City, Pennsylvania. On-site parking is available for tenants.
Key Highlights
- Two units, each with 2 bedrooms and 1 full bathroom
- 2,483 square feet on more than half an acre
- Both units occupied by long‑term tenants
Property Analytics
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Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
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Business Placement
Demographics for 16301, PA
14,935
Population
7,648
Households
2
Avg Household Size
45
Median Age
18%
College-Educated
90%
High-School Grad
94.7 sq mi
ZIP Area
158
Density / Sq Mi
$57,368
Median Household Income
$34,371
Median Earnings
$809
Median Rent
$84,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are leased, and occupants cover their utility costs.
Where is this duplex located?
The property is located at 1401 State Route 227 Oil City, PA.
What is the asking price?
The asking price for this property is $55,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 full bathroom; 2,483 square feet on more than half an acre; Both units occupied by long‑term tenants
