Well-Maintained Triplex with
For Sale
$225,000
524 West Pike Street, Meadow Lands, PA 15347
Three rented units plus a detached two-car garage with rear parking and separately metered gas and electric.
Property SizeContact for details
Days on Market184
Property Features for 524 West Pike Street
General Information
Standard status
Active
Total Parking Spaces
2
Property subtype
Multi-Unit / Triplex
Zoning
R2
Occupancy
100%
Net Operating Income
$14,081
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$3,539
Amenities
Yes
0.0
Asphalt
Building Details
Year Built
1898
Tenancy
Multi
Listing Agency:
BERKSHIRE HATHAWAY THE PREFERRED REALTY
Listed By:
Ruthann Cleveland · License #RS280900
(724) 986-8284
Source:
Compass
Added: Apr 23
Changed: Oct 10
Last Checked: Oct 20 at 11:25PM
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 BERKSHIRE HATHAWAY THE PREFERRED REALTY
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Investment Insights
Based on property information with market context.
This well-maintained triplex includes three residential units and a detached two-car garage. The property has parking in the rear, supporting convenient day-to-day access for residents and guests. All three units are currently rented. Gas and electric services are separated, with the tenant paying for utilities. The detached garage is not currently rented.
The home is offered for sale. The unit and utility separation configuration can simplify resident billing and operations compared with shared utilities.
With three income-producing units and an additional attached garage structure on site, this property offers a straightforward residential income setup for qualified buyers.
The home is offered for sale. The unit and utility separation configuration can simplify resident billing and operations compared with shared utilities.
With three income-producing units and an additional attached garage structure on site, this property offers a straightforward residential income setup for qualified buyers.
Key Highlights
- Triplex built in 1898 with 3 units, all currently rented
- All 3 units have separate utilities: gas and electric are separately metered with tenant‑paid utilities
- Detached 2‑car garage on the property (currently not rented)
Property Analytics
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Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
200
Businesses Nearby
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Business Placement
Demographics for 15347, PA
608
Population
143
Households
4.3
Avg Household Size
47
Median Age
14%
College-Educated
65%
High-School Grad
0.5 sq mi
ZIP Area
1,216
Density / Sq Mi
$39,500
Median Earnings
$173,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three rented units plus a detached two-car garage with rear parking and separately metered gas and electric.
Where is this triplex located?
The property is located at 524 West Pike Street Meadow Lands, PA.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Triplex built in 1898 with 3 units, all currently rented; All 3 units have separate utilities: gas and electric are separately metered with tenant‑paid utilities; Detached 2‑car garage on the property (currently not rented)
