[Single Family] 216 5th Ave — — Ford City (Armstrong County), 16226 For Sale

  • $49,800
  • 3 beds
  • 1 baths
  • 1,832 sqft

*possible (not guaranteed) rent-to-own w/min. 10% down


3/1 w/brand new furnace & H2O tank – just refinish or carpet floors, paint, clean and it’ll be ready to move into!

16.75% CAP after <$10k in repairs.

  • taxes = $554/year
  • central heat
  • spans 4 lots
  • desirable/unique layout w/lots of space
  • hot water tank & furnace are brand new
  • 1,832 sq. ft.
  • big covered front porch
  • <2 miles to PA-28
  • <1 mile to PA-66
  • good Bike/WalkScores
  • parking everywhere
  • original wood
  • rental comps. are $1,000/month
  • sales comps. are higher than you might think


Value much greater than asking price
; see photos of ones sold between 4th —> 6th Streets here.

*not the easiest comps out there as they typically zone everything Residential (NEC) (eg, duplexes), but there’s a pic mid-reel to get an idea.

Can get a higher return if you opt to build a garage or 2nd dwelling.


  • Taxes: $554
  • Electric: Updated
  • Plumbing: Updated
  • Kitchen: Can update if you want
  • Bath: Needs Updating
  • Roof: (Main) 15 yrs old; (Rear) New, metal
  • Furnace: New
  • Hot Water Tank: New
  • Windows: Double Paned
  • Floors: 2
  • Parking: Off-Street
  • Rental Potential: $1,000+/mo
Price:
$49,800
Address:
216 5th Ave
Ford City (Armstrong County), PA 16226
Square Feet:
1,832
Lot Size:
6,752
Bedrooms:
3
Bathrooms:
1
Terms:
For Sale
Property Type:
Home
Year Built:
1926
Basement:
Full
Const. Type:
Frame

Call (800) 788-9882 for more details

Property Location