5-Unit Brick Apartment
314 E Lincoln Ave, New Castle, PA 16105
For Sale
$375,000
All five residences are occupied, and a shared laundry room has coin-operated washers and dryers.
Property SizeContact for details
Days on Market108
Property Features for 314 E Lincoln Ave
General Information
Standard status
Total Parking Spaces
Property subtype
Zoning
Occupancy
Additional Details
Utilities to Site
Multifamily Units
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
covered cement porch
common laundry room with coin-operated washer/dryers
Building Details
Year Built
Units
Construction
Listing Agency:
HOWARD HANNA REAL ESTATE SERVICES
Listed By:
RaeLyn Marburger · License PA RS216809L
(724) 962-8701
Source:
Indianlakerealty
Added: Jul 27
Changed: Nov 11
Last Checked: Nov 11 at 2:21AM
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 HOWARD HANNA REAL ESTATE SERVICES
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Investment Insights
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Built in 1920, this five-unit apartment property has brick construction and architectural details that include oak moldings, a staircase spanning the first through third floors, wrought iron fencing, and a covered cement porch. The building is zoned R-2 and is currently fully occupied by long-term tenants.
A common laundry room contains coin-operated washers and dryers, which generate revenue not included in the reported gross operating income. Gas, electric, water, and sanitation costs are combined and reported annually; tenants are charged for utilities.
A common laundry room contains coin-operated washers and dryers, which generate revenue not included in the reported gross operating income. Gas, electric, water, and sanitation costs are combined and reported annually; tenants are charged for utilities.
Key Highlights
- Five‑unit brick apartment property built in 1920
- Fully occupied with long‑term tenants
- R‑2 zoning
Property Analytics
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Lease Details
5
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
934
Businesses Nearby
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Business Placement
Demographics for 16105, PA
15,420
Population
7,249
Households
2.1
Avg Household Size
49
Median Age
35%
College-Educated
95%
High-School Grad
25.6 sq mi
ZIP Area
602
Density / Sq Mi
$67,256
Median Household Income
$46,539
Median Earnings
$965
Median Rent
$175,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - All five residences are occupied, and a shared laundry room has coin-operated washers and dryers.
Where is this apartment building located?
The property is located at 314 E Lincoln Ave New Castle, PA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Five‑unit brick apartment property built in 1920; Fully occupied with long‑term tenants; R‑2 zoning
