Duplex with Additional
For Sale
$95,000
Pending
821 W Pleasant St, Corry, PA 16407
Two apartments include laundry hookups, with tenants responsible for utilities, snow removal, and mowing.
Property Size1,411 SF
Days on Market12
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Property Features for 821 W Pleasant St
General Information
Standard status
Pending
Size
1,411 SF
Property subtype
Residential Income
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,549
Amenities
laundry hookup
Listing Agency:
RE/MAX Real Estate Group East
(814) 898-3558
Listed By:
Karen Puckly · License #RS307603
(814) 664-0990
Source:
Exprealty
Added: Oct 4
Changed: Oct 13
Last Checked: Oct 15 at 2:17AM
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 RE/MAX Real Estate Group East
Investment Insights
Based on property information with market context.
This duplex contains two apartments totaling 1,411 square feet. Both units have laundry hookups, and an additional lot is included with the property.
Tenants are responsible for utilities, snow removal, and mowing. The address is 821 W Pleasant St in Corry, Pennsylvania.
Tenants are responsible for utilities, snow removal, and mowing. The address is 821 W Pleasant St in Corry, Pennsylvania.
Key Highlights
- Two‑unit duplex with 1,411 square feet of apartment space
- Additional lot included
- Laundry hookups in both apartments
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,672
Cap Rate
9.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$173,440
$173.4K
Cap Rate 7%
$123,886
$123.9K
Cap Rate 9%
$96,356
$96.4K
Market Conditions
NOI Build-Up for 1,411 SF
Gross rent
$16.4K $11.64/SF
− Vacancy
−$657 −$0.47/SF
EGI
$15.8K $11.17/SF
− OpEx
−$7.1K −$5.03/SF
NOI
$8.7K $6.15/SF
Area
Erie County, PA
Vacancy
4.00%
Lease Rate
$11.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$173,440
Cap Rate 7%
$123,886
Cap Rate 9%
$96,356
Alternative Uses
Best Use
Multifamily LT 5
$138.5K
$121.2K – $161.5K
NOI $9,692 @ 7.0% cap · market cap 10.20%
Second Best
Apartment 5plus
$123.9K
$108.4K – $144.5K
NOI $8,672 @ 7.0% cap · market cap 9.13%
Theoretical Best
Office A
$350.1K
$306.3K – $408.4K
NOI $24,504 @ 7.0% cap · market cap 25.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
395
Businesses Nearby
Explore this area
Business Placement
Demographics for 16407, PA
10,526
Population
5,178
Households
2
Avg Household Size
43
Median Age
21%
College-Educated
91%
High-School Grad
113.3 sq mi
ZIP Area
93
Density / Sq Mi
$48,962
Median Household Income
$34,053
Median Earnings
$694
Median Rent
$127,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two apartments include laundry hookups, with tenants responsible for utilities, snow removal, and mowing.
Where is this duplex located?
The property is located at 821 W Pleasant St Corry, PA.
What is the asking price?
The asking price for this property is $95,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,411 square feet of apartment space; Additional lot included; Laundry hookups in both apartments
