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5 E Wallace Ave 40 Unit Apartment Building $3,120,000 ($78,000/Unit) New Castle, PA 16101
Investment Highlights
- Rents below market.
- Many new upgrades.
- Close to hospital & near downtown
Property Facts
| Price | $3,120,000 | Building Class | C |
| Price Per Unit | $78,000 | Lot Size | 0.43 AC |
| Sale Type | Investment | Building Size | 58,140 SF |
| No. Units | 40 | Average Occupancy | 95% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built/Renovated | 1923/2010 |
| Apartment Style | Mid-Rise | Parking Ratio | 0.85/1,000 SF |
| Zoning | T | ||
| Price | $3,120,000 |
| Price Per Unit | $78,000 |
| Sale Type | Investment |
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.43 AC |
| Building Size | 58,140 SF |
| Average Occupancy | 95% |
| No. Stories | 4 |
| Year Built/Renovated | 1923/2010 |
| Parking Ratio | 0.85/1,000 SF |
| Zoning | T |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 40 | - | - |
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Walk Score®
Very Walkable (79)
Property Taxes
| Parcel Number | 01-032100 | Improvements Assessment | $551,000 |
| Land Assessment | $46,400 | Total Assessment | $597,400 |
Property Taxes
Parcel Number
01-032100
Land Assessment
$46,400
Improvements Assessment
$551,000
Total Assessment
$597,400
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Debo - Glen Eagle Apartments
5 E Wallace Ave
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