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Two-Unit Residential Income Property

6 VINE Street Girard, PA 16417

6 VINE Street, Girard, PA, 16417
$110,000
Pending
For Sale
$110,000
Pending

MULTI_FAMILY - Other - Girard, PA

Property Size1,454 SF
Lot Size0.20 Acres
Days on Market49

Property Features for 6 VINE Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 2
Parking
2
Standard status
Pending
APN
23-011-023.0-006.00
Size
1,454 SF
Lot size
0.20 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
1660
Expense value
2500
Expense
SecurityDeposit
Expense freq.
One Time

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Water source
Public

Building Details

Year built
1900
Floors in Building
2
Number of units
2
Building materials
AluminumSiding
Roof type
Composition
Architectural style
Other
Listing Agency Agresti Real Estate
2635 W 26th Street, Erie, PA
Listed by Evan Rumbaugh · License #RS376068
Added: Jun 3 Updated: Jun 22 at 3:06 pm Checked: Jul 21 at 4:06 am
MLS# 191041 Listing URL

Copyright © 2026 Greater Erie Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This vacant two-unit residential property offers a practical duplex layout with separate first- and second-floor living spaces. The second-floor unit is move-in ready and includes in-unit laundry. The first-floor unit is available for an updated and refreshed configuration, with room for improvements. Recent upgrades include an updated electric panel. Shared exterior convenience includes off-street parking and access to a large fenced backyard.

The property is located in Girard, Pennsylvania, with proximity to local amenities, schools, and parks as described in the listing. With this setting, the home supports tenant lifestyle needs while keeping daily access straightforward.

As a for-sale investment or owner-occupant option, the duplex structure allows an operator to live in one unit while preparing the other for rental. Buyers seeking to implement targeted updates may find the first-floor unit particularly suitable for value-focused renovations, while the second-floor unit can be positioned for quicker occupancy given its move-in-ready condition. Off-street parking and the fenced backyard add everyday utility for residents on both levels.

Key Highlights

  • Vacant two‑unit property in Girard with off‑street parking and access to a large fenced backyard
  • Second‑floor unit is move‑in ready and includes in‑unit laundry
  • First‑floor unit offers value‑add potential with room for updates

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 $14.8k $10.20
− Vacancy −$564 −$0.39
EGI $14.3k $9.81
− OpEx −$4.3k −$2.94
NOI $10.0k $6.87
1,454 SF · lease $10.20/SF/yr · vacancy 3.80% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$142.7K
$124.8K – $166.5K (±1% cap)
NOI $9,987 @ 7.0% cap · market cap 9.08%
Second Best
Apartment 5plus
$127.7K
$111.7K – $148.9K (±1% cap)
NOI $8,936 @ 7.0% cap · market cap 8.12%
Theoretical Best
Office A
$360.7K
$315.6K – $420.9K (±1% cap)
NOI $25,251 @ 7.0% cap · market cap 22.96%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Building Supply Electrical Service Dental Office Kitchen & Bath Showroom HVAC Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Garden Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Second-floor unit is move-in ready with in-unit laundry, complemented by off-street parking and a large fenced backyard.
Where is this duplex located?
The property is located at 6 VINE Street Girard, PA.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: Vacant two‑unit property in Girard with off‑street parking and access to a large fenced backyard; Second‑floor unit is move‑in ready and includes in‑unit laundry; First‑floor unit offers value‑add potential with room for updates
Contact an agent
More about this property
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