361-367 Link Road, Loretto, PA 15940
- Added:
- Sep 12, 2025
- Days on Market:
- 296
- Last Refresh:
- Jul 4 at 8:06 am
Property Features for 361-367 Link Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Residential
- Bedrooms
- 7
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bedroom 2, Bedroom 7, Bathroom 3, Bathroom 4, Bedroom 6, Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 5, Bedroom 4
- Parking features
- Driveway
- Exterior features
- Lighting, Rain Gutters
- Standard status
- Pending
- APN
- 02-011.-102.004
- Size
- 3,312 SF
- Lot size
- 2.10 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Deed book/page 2022/13336
- Tax Annual Amount
- 4133
Utilities
- Sewer type
- Septic Tank
- Heating system
- Baseboard, Electric (Heating)
- Water source
- Well
Building Details
- Year built
- 1979
- Number of units
- 4
Listing agent Jessica Mastri License #RS326182 (814) 931-0426
Listing office Re/max Results Realty Group 1001 Logan Blvd, Altoona, PA (814) 946-9355
Listing date Sep 12, 2025
Copyright © 2026 Allegheny Highland Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 4‑unit apartment building that was completely gutted and renovated
- Renovations include newer roof, windows, doors, floors, walls, kitchens, bathrooms, and lighting throughout
- Top two units completed; bottom 2 units have materials for completion and will be done before closing
- Over 2 acres with additional on‑site connections where an old trailer was removed for another possible building
- Well and septic tank on site (no water bills mentioned)
- Exterior features include lighting and rain gutters; driveway parking
Overview
The building is located on a rural property in the Loretto, PA area on Link Road, with a lot size of approximately 2.1 acres. A buyer should note that all measurements are to be verified.
For tenants and operators, the renovated unit interiors and completed top-floor apartments provide an immediately usable rental configuration, while the remaining units are scheduled to be finished before closing. For buyers, the combination of substantial interior upgrades, well-and-septic utilities, and a larger-than-standard lot may support a range of residential and site development uses, subject to buyer verification and applicable requirements.
Local Financial Insights For Multifamily LT 5
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 | $33.8k | $10.20 |
| − Vacancy | −$2.5k | −$0.77 |
| EGI | $31.2k | $9.44 |
| − OpEx | −$9.4k | −$2.83 |
| NOI | $21.9k | $6.60 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Loretto
- County
- Cambria
- State
- Pennsylvania
- Longitude
- -78.591012
- Latitude
- 40.540081
