About 20 & 48 6th Avenue
Great cash flow with this 26 unit (total) multi-family property. Average rent is $650/month and some utilities are included in rent with some units. Seller working on providing the itemized expenses, but has provided an estimate of $123,,000 in expenses. Property is 100% occupied for gross income of $16,900 (or $202,800 annual income). Most units are two bedroom and one bath. Few are 3 br one bath. Leases are month to month. There are four parcels of land. Three story brick building with 12 units built in 1890. One story building built in 1950 contains 12 units (was a sorority house at one time). Additional two units are a vinyl sided, up/down duplex built about 1900. Borough parking lot adjacent to building for off-street parking availability More information to follow.
Features of 20 & 48 6th Avenue
MLS® # | 162119 |
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Price | $899,900 |
Square Footage | 23,795 |
Acres | 0.43 |
Year Built | 1890 |
Type | Residential Income |
Status | Active |
Community Information
Address | 20 & 48 6th Avenue |
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City | Clarion |
County | Clarion |
State | PA |
Zip Code | 16214 |
Amenities
Features | Electric-Circuit Break-100 Amp |
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Parking Spaces | 2 |
Is Waterfront | No |
Has Pool | No |
Interior
Heating | Electric BB, Hot Water |
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Cooling | None |
Fireplace | No |
# of Stories | 3 |
Basement | Partial |
Exterior
Exterior | Vinyl Siding, Brick |
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Roof | Other |
Construction | Wood Frame, Masonry |
School Information
District | Clarion |
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Additional Information
Date Listed | September 15th, 2025 |
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Zoning | C-1 and C-2 |
Short Sale | No |
Listing Details
Office | Burford & Henry Real Estate Services |
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