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Sold for $225,000
  • $225,000

    25 N Main St, Albion, PA 16401

    15beds
    10baths
    6,546sqft
    Quadruplex, Multi Family, Multi Family
    Built in 1900
    -- sqft lot
    $311,900 Zestimate®
    $34/sqft
    $915 Estimated rent

    Home value

    $311,900

    $231,000 - $402,000

    $915/mo

    Zestimate® history
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    What's special

    Unique 3 building, 8 unit property in the heart of downtown Albion! This property features a 4 unit with frontage on N. Main St. It has 2 units up, 2 units down. The second building is a 2 unit, one unit up, one unit down. The third building is a duplex. Wrap around driveway with parking for each tenant at their unit, approximately 12 spots total. Also features a large greenspace for picnics, etc that may be buildable (if permitted by boro). All units have been extensively updated by owner, including 3 roofs, siding, windows, electric panels, some furnaces and HWT's too. Note, the driveway to north and south provides access to building to the south. (I can provide explanations). Each apartment is in very nice condition with many long term tenants. RENTS are SIGNIFICANTLY BELOW MARKET Rates. Modestly adjusted rents and expenses could make this complex a cash cow! Note, gross income and expenses are 2023 actuals. Unit sq footage is estimated. No seller financing available.

    Zillow last checked:

    Listing updated:

    Listed by:

    Bob Pfister (814)315-9831,

    Bob Pfister Real Estate Services

    Bought with:

    Nicholas Haller, RS363452

    Agresti Real Estate

    Source: GEMLS,MLS#: 178163Originating MLS: Greater Erie Board Of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 15
    • Bathrooms: 10
    Heating
    • Forced Air, Gas
    Cooling
    • None
    Interior area
    • Total structure area: 6,546
    • Total interior livable area: 6,546 sqft

    Property

    Parking
    • Total spaces: 12
    Lot
    • Size: 0.42 Acres
    • Dimensions: 110 x 167 x 0 x 0
    Details
    • Parcel number: 01004017.0018.00
    • Zoning description: R-2

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Fourplex
    • Property subtype: Quadruplex, Multi Family, Multi Family
    Materials
    • Vinyl Siding
    • Roof: Asphalt
    Condition
    • Good Condition,Resale
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Albion

    HOA & financial

    Other fees
    • Deposit fee: $5,000

    Other

    Other facts
    • Listing terms: See Remarks
    • Road surface type: Paved

    Price history

    DateEventPrice
    11/14/2024Sold$225,000-6.2%$34/sqft
    Source: GEMLS #178163 Report a problem
    8/18/2024Pending sale$239,900$37/sqft
    Source: GEMLS #178163 Report a problem
    7/26/2024Listed for sale$239,900$37/sqft
    Source: GEMLS #178163 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2023$2,637 +1.2%$115,100
    2022$2,605 $115,100
    2021$2,605 +101.9%$115,100
    2020$1,290 -48%$115,100
    2019$2,480 -18.1%$115,100
    2018$3,028 +22.8%$115,100
    2017$2,466 +1.2%$115,100
    2016$2,438 +83.2%$115,100
    2015$1,330 -27.8%$115,100
    2014$1,844 +224.9%$115,100
    2013$567 -4.5%$115,100 +17.2%
    2012$594 $98,200
    2011$594 $98,200
    2010$594 +11%$98,200
    2009$535 -19.1%$98,200
    2005$662 $98,200
    2004$662 $98,200

    Find assessor info on the county website

    Neighborhood: 16401

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Northwestern

    Source: GEMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $311,900
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    +$6,238
    With Zillow Showcase(estimated)
    $318,138