[MultiFamily/MultiParcel] 834 & 836 Ohio Ave — Glassport@Lincoln Boro, 15045 For Sale

  • $70,000
  • 4 beds
  • 3 baths
  • (1) 1,802; (1) ≈550 sqft

This package is for 2-3 parcels across 2 lots on a pleasant & walkable residential street.

Borders Liberty & Lincoln Boros (eg, Port Vue, Elizabeth).

The main single-family colonial is a fully updated, very-rental-ready 3/2 w/a covered porch, walk-out basement, bright curb appeal, exposed brick, over 1,800 sq. ft., huge yard, dual staircases, Man Cave, gameroom, central air, & was under longterm ownership. Rent it for a 10.68% CAP while you work on the other dwelling(s) (or rent it  + the 2 garages out for for a 13.35% CAP); potential over 21% when the bungalow is cleared-out and/or you build another structure.


Both the main & the rear bungalow have central air.

Lot 1 – front
Clean/move-in ready SFR
Rent potential: $1,025/month AS-IS

Lot 1 – rear
SFR that needs torn-down; can rebuild for rental, Mother-in-Law suite, more garages.
Rent potential: $500-700/month if rebuilt

Lot 2 – front
Land on adjoined lot; house was torn-down some years ago to make a large play area for grandchildren.

Lot 2 – rear
1/1 bungalow that sits atop a large 2-car garage facing Hemlock Way (alley).
Rent potential: $500/month + $75 per garage (2).

  • new roof!
  • needs updates to wet areas + cleaned-out


Parcel photos will show the setup.


*comps are near end of photo reel for combined ARV well over $100k:
-main comps: click
1BR comp: click

Places under a 2-minute walk:

  • Grocery & liquor stores
  • Post office
  • Doctor
  • Courthouse
  • Bowling alley
  • Bar

  • Taxes: $2,663 (2,061+602)
  • Electric: (Both) Updated
  • Plumbing: (Both) Updated
  • Kitchen: (1) Newly updated; (1) Needs updating
  • Bath: (2) Newly updated; (1) Needs updating
  • Roof: (1) 18 yrs old; (1) new
  • Furnace: (1) 10 yrs old [yet not used for 4]; (1) 15 yrs old
  • Hot Water Tank: (1) 6 yrs old; (1) 5 yrs old
  • Windows: (Both) Double-paned
  • (1) 3 BR / 2 BA; (1) 1 BR / 1 BA
  • Floors: (1) 2; (1) 1
  • Year Built: (1) 1900; (1) ≈1930
  • Parking: (1) On-street (plenty); (1) 2-car attached garage
  • Rental Potential: $1,175 → $2,375
Price:
$70,000
Address:
Glassport@Lincoln Boro, PA 15045
Square Feet:
(1) 1,802; (1) ≈550
Lot Size:
5,500 (2,750x2)
Bedrooms:
4
Bathrooms:
3
Terms:
For Sale
Property Type:
Multi-family
Basement:
(1) Fully finished; (1) n/a
Const. Type:
Frame (both)

Additional Features

834 & 836 Ohio Ave.

Call (800) 788-9882 for more details