Bought with Ouside Offices NOT Subscribers
$1,212,000
$1,495,000
18.9%For more information regarding the value of a property, please contact us for a free consultation.
0.52 Acres Lot
SOLD DATE : 02/28/2025
Key Details
Sold Price $1,212,000
Property Type Single Family Home
Sub Type Other
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1661300
Sold Date 02/28/25
HOA Y/N No
Year Built 1986
Annual Tax Amount $14,770
Lot Size 0.520 Acres
Acres 0.52
Property Sub-Type Other
Property Description
Take advantage of this rare opportunity to own this fabulous 20 unit building and add this to your portfolio. This well built BRICK property is constructed with 18 2-bedrooms and 2 1-bedrooms divided up into 4 sections. Terrace Garden Apartments come with a rich history of being fully occupied with long term residents and a waiting list! The units are consistent in layout and finishes with the galley kitchen: fully furnished, dining area, living room, and plenty of closets. The basement houses the coin operated laundry and each unit has their own storage area. There is extra storage outside along with terraces and patios! The common parking lot has an assigned space for each unit but there is plenty of parking on 15th and Elk streets. Tenant pays electric while owner pays water, sewage, trash. So many improvements since 2019 including: new electric boxes in each unit, exterior LED lights, commercial washer/dryer, resealed parking lot, LED hallway light fixtures.
Location
State PA
County Clarion/venango
Area City Of Franklin
Zoning C
Rooms
Basement Full
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Parking Features Assigned, Off Street
Utilities Available Electricity Available, Sewer Available, Water Available
Total Parking Spaces 21
Building
Structure Type Brick
Schools
School District Franklin
Others
Financing Conventional
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