About 508 Central Avenue
Historic colonial home on a corner lot in Oil City's Southside for sale to be your future home, or your next rental/investment opportunity! This 3-bedroom, 1.75-bath home offers nearly 1,500 square feet, a quaint backyard, and has a proven rental track record. Following departure of the last tenant in 2025, the home received a new bath surround upstairs, updated ground-level flooring, and a new stacked washer/dryer combo unit. Owners have kept up with maintenance and design adding the covered wraparound front porch, caring for the siding and roof, replacing windows and hot water systems, plus refreshing the kitchen with stainless appliances. A partially finished walkout basement adds bonus storage. The detached 20x20 garage with power and additional off street parking make access and entertaining a breeze. Public water/sewer, natural gas, paved road frontage. Pre-qualified buyers should call to schedule today.
Features of 508 Central Avenue
| MLS® # | 164308 |
|---|---|
| Price | $150,000 |
| Bedrooms | 3 |
| Bathrooms | 1.75 |
| Full Baths | 1 |
| Square Footage | 1,496 |
| Acres | 0.86 |
| Year Built | 1900 |
| Type | Residential |
| Style | Colonial |
| Status | Active |
Community Information
| Address | 508 Central Avenue |
|---|---|
| City | Oil City |
| County | Venango |
| State | PA |
| Zip Code | 16301 |
Amenities
| Features | Cable TV Available, High Speed Internet, Shared Private Drive |
|---|---|
| Garages | 1 1/2 Car, Detached, Garage Door Opener, Oversized |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Dryer, Range, Refrigerator, W/D Hook Up, Washer, Gas Water Heater |
|---|---|
| Heating | Hot Water, Natural Gas |
| Cooling | None |
| Fireplace | No |
| # of Stories | 2 |
| Basement | Partially Finished, Walk-Out Access |
Exterior
| Exterior | Vinyl Siding |
|---|---|
| Roof | Composition |
School Information
| District | Oil City |
|---|
Additional Information
| Date Listed | August 26th, 2026 |
|---|---|
| Zoning | R-2 |
| Short Sale | No |
Listing Details
| Office | Coldwell Banker BURNS & BURNS |
|---|