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Historic 7-Unit Apartment Building
For Sale
$450,000

316 Newry St, Hollidaysburg, PA 16648

Fully occupied brick multifamily property with period character and owner-paid utilities.

Property Size5,396 SF
Price / SF$83.40
Days on Market24

Property Features for 316 Newry St

General Information

Standard status Active
Size 5,396 SF
Property subtype Multi-Family
Occupancy 100%
Net Operating Income $48,778

Additional Details

Gross Income $72,000
Multifamily Units 7

Building Details

Year Built 1830
Construction brick
Listing Agency: Howard Hanna Bardell Realty Altoona
Listed By: John Hill Real Estate
Source: Johnhillhomesearch
Added: Aug 8 Changed: Aug 31 Last Checked: Aug 31 at 4:04AM

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 Bardell Realty Altoona

Investment Insights

Based on property information with market context.

Built in 1830, this 5,396-square-foot brick property was converted into a 7-unit apartment building while retaining its historic architectural character and period details. The building is fully occupied, and the owner currently pays all utilities. The property is also identified as having previously served as the Governor’s residence, adding a documented historical element to its multifamily use.

Located at 316 Newry St in Hollidaysburg, Pennsylvania, the property combines an established apartment configuration with a distinctive historic building design. Its seven units and current occupancy provide a clear operating profile for buyers evaluating a multifamily asset with an existing residential use.

Key Highlights

  • 7‑unit apartment building
  • 5,396 square feet on a 0.12‑acre lot
  • Built in 1830 with brick construction and period details

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Electrical Service Bakery Real Estate Agency

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

7
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

617
Businesses Nearby

Demographics for 16648, PA

15,149
Population
6,849
Households
2.2
Avg Household Size
48
Median Age
40%
College-Educated
96%
High-School Grad
60.0 sq mi
ZIP Area
252
Density / Sq Mi
$76,149
Median Household Income
$45,044
Median Earnings
$1,062
Median Rent
$215,300
Median Home Value

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?
Apartment building - Fully occupied brick multifamily property with period character and owner-paid utilities.
Where is this apartment building located?
The property is located at 316 Newry St Hollidaysburg, PA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 7‑unit apartment building; 5,396 square feet on a 0.12‑acre lot; Built in 1830 with brick construction and period details
More about this property
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