Four-Unit Residential Income
For Sale
Contact for pricing
Pending
55 S Pearl St, North East, PA 16428
Four one-bedroom units are fully occupied, with gas and electric separately metered for each unit.
Property Size3,920 SF
Days on Market475
Property Features for 55 S Pearl St
General Information
Standard status
Pending
Size
3,920 SF
Total Parking Spaces
8
Property subtype
Multifamily
Zoning
R-B
Occupancy
100%
Additional Details
Business Included
Yes
Multifamily Units
4
Building Details
Year Built
1920
Units
4
Tenancy
Multi
Listing Agency:
Agresti Real Estate
Listed By:
Jake Scheloske · License #PA RS.318016
(814) 449-7973
Source:
Crexi
Added: May 19, 2025
Changed: Sep 2
Last Checked: Sep 1 at 9:12PM
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 Agresti Real Estate
Investment Insights
Based on property information with market context.
This four-unit residential income property includes four one-bedroom units that are fully occupied by long-term tenants. Gas and electric services are separate for each unit, supporting straightforward, unit-by-unit utility management. The property is described as being in good condition, with updated siding and an updated upstairs bathroom. Outside, there is a spacious backyard and off-street parking.
The site also features a two-car detached, oversized barn that provides additional storage beyond the residential units.
Overall, the building configuration is a four-plex with unit-level utility separation and onsite storage, positioned as a turnkey rental setup based on current occupancy and tenant stability described in the remarks.
The site also features a two-car detached, oversized barn that provides additional storage beyond the residential units.
Overall, the building configuration is a four-plex with unit-level utility separation and onsite storage, positioned as a turnkey rental setup based on current occupancy and tenant stability described in the remarks.
Key Highlights
- 1920‑built 4‑unit property with four 1‑bedroom units, all fully occupied with long‑term tenants
- Separate gas and electric metering for each unit
- 2‑car detached oversized barn providing extra storage and off‑street parking
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
401
Businesses Nearby
Explore this area
Business Placement
Demographics for 16428, PA
12,524
Population
5,576
Households
2.2
Avg Household Size
43
Median Age
26%
College-Educated
92%
High-School Grad
73.6 sq mi
ZIP Area
170
Density / Sq Mi
$77,103
Median Household Income
$40,625
Median Earnings
$758
Median Rent
$188,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four one-bedroom units are fully occupied, with gas and electric separately metered for each unit.
Where is this quadplex located?
The property is located at 55 S Pearl St North East, PA.
What are key features of this property?
This property features: 1920‑built 4‑unit property with four 1‑bedroom units, all fully occupied with long‑term tenants; Separate gas and electric metering for each unit; 2‑car detached oversized barn providing extra storage and off‑street parking
