17-Unit Apartment Investment
New
For Sale
$1,100,000
615-617 2nd Street, Cresson, PA 16630
MULTI_FAMILY - Cresson, PA
Property SizeContact for details
Days on Market2
Property Features for 615-617 2nd Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Unverified
Lot features
Irregular, Rectangular
Elementary school district
Penn Cambria
Middle school district
Penn Cambria
High school district
Penn Cambria
Directions
Contact agent
Subdivision
Cresson Boro-15
Standard status
Active
APN
SEE COMMENTS
Taxes and HOA fees
Tax Year
2026
Tax Description
SEE COMMENTS
Tax Annual Amount
6360
Legal Description
SEE COMMENTS
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Number of units
17
Roof type
Metal, Shingle
Architectural style
Other
Listing Agency:
HOWARD HANNA BARDELL REALTY ALTOONA
(814) 313-4111
Listed By:
Hunter Ott · License #RS353898
(814) 254-8121
Added: Aug 3
Last Checked: Aug 4 at 5:06AM
MLS# 96042238
Copyright © 2026 Cambria Somerset 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.
Investment Insights
Based on property information with market context.
This 17-unit apartment investment portfolio includes several multifamily buildings in Cresson and Lilly. The offering includes 615 2nd Street in Cresson, described as a single-family home purchased for additional parking, along with 617 2nd Street in Cresson, a 7-unit apartment building.
In Lilly, the portfolio includes adjacent properties at 322 Railroad Street (4-unit building), 315 Main Street (3-unit building), and 336 Railroad Street (2-unit building). The three Lilly properties are conveniently located next to one another, supporting efficient ownership and management.
The portfolio is described as well-maintained, with several units recently renovated. Common utilities are supported by public water and public sewer, and the buildings feature metal and shingle roofing. This package provides an opportunity to acquire multiple income-producing units within one ownership structure.
In Lilly, the portfolio includes adjacent properties at 322 Railroad Street (4-unit building), 315 Main Street (3-unit building), and 336 Railroad Street (2-unit building). The three Lilly properties are conveniently located next to one another, supporting efficient ownership and management.
The portfolio is described as well-maintained, with several units recently renovated. Common utilities are supported by public water and public sewer, and the buildings feature metal and shingle roofing. This package provides an opportunity to acquire multiple income-producing units within one ownership structure.
Key Highlights
- 17‑unit apartment portfolio spanning Cresson to Lilly
- 615 2nd Street, Cresson: single‑family home purchased for additional parking
- 617 2nd Street, Cresson: 7‑unit apartment building
Property Analytics
Property Profile
Current Use
Lease Details
17
Residential units
Location Intelligence
Trade Area within ½ mile
301
Businesses Nearby
Explore this area
Business Placement
Demographics for 16630, PA
4,679
Population
2,143
Households
2.2
Avg Household Size
41
Median Age
22%
College-Educated
93%
High-School Grad
5.7 sq mi
ZIP Area
821
Density / Sq Mi
$65,034
Median Household Income
$32,172
Median Earnings
$657
Median Rent
$139,700
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?
Apartment building - Portfolio includes public water and public sewer across multiple buildings with metal and shingle roofing.
Where is this apartment building located?
The property is located at 615-617 2nd Street Cresson, PA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 17‑unit apartment portfolio spanning Cresson to Lilly; 615 2nd Street, Cresson: single‑family home purchased for additional parking; 617 2nd Street, Cresson: 7‑unit apartment building
