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Brick Quadplex Investment
For Sale
$289,500

307 WASHINGTON ST, Huntingdon, PA 16652

Solid brick quadplex with four rental units and separately metered heat and electric paid by tenants.

Property Size4,322 SF
Price / SF$66.98
Days on Market111

Property Features for 307 WASHINGTON ST

General Information

Standard status Active
Size 4,322 SF
Property subtype Quadruplex

Building Details

Year Built 1930
Listing Agency: Schrack Realty, LLC
Listed By: Linda H White · License #RM426061
Source: Cummingsrealtors
Added: May 25 Changed: Sep 11 Last Checked: Sep 12 at 7:30AM

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 Schrack Realty, LLC

Investment Insights

Based on property information with market context.

This solid brick double house is divided into four rental units, configured with one commercial tenant space and three residential units. The property is described as being in good condition with recent improvements, and it operates with heat and electric separated by unit so tenants pay their own utilities. Heating is provided via efficient systems that include natural gas hot water with a recent boiler replacement, along with a heat pump serving the commercial unit.

For showings, the seller requires a minimum of 24-hour notice, and buyers must submit proof of funds or lender pre-qualification. Photos were supplied by the seller prior to tenant occupancy.

The property is presented as a turn-key investment opportunity with tenants in place.

Key Highlights

  • Solid brick double house converted to 4 rental units (1 commercial, 3 residential).
  • Tenants are currently in place: 1 commercial tenant and 3 residential tenants.
  • Separately metered heat and electric; each unit has its own meters and tenants pay utilities.

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Bakery Garden Center Barber Shop Storage Facility

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

Location Intelligence

Trade Area within ½ mile

929
Businesses Nearby

Demographics for 16652, PA

15,955
Population
7,259
Households
2.2
Avg Household Size
43
Median Age
23%
College-Educated
92%
High-School Grad
173.7 sq mi
ZIP Area
92
Density / Sq Mi
$67,386
Median Household Income
$29,855
Median Earnings
$840
Median Rent
$198,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Quadplex - Solid brick quadplex with four rental units and separately metered heat and electric paid by tenants.
Where is this quadplex located?
The property is located at 307 WASHINGTON ST Huntingdon, PA.
What is the asking price?
The asking price for this property is $289,500.
What are key features of this property?
This property features: Solid brick double house converted to 4 rental units (1 commercial, 3 residential).; Tenants are currently in place: 1 commercial tenant and 3 residential tenants.; Separately metered heat and electric; each unit has its own meters and tenants pay utilities.
More about this property
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