$175,000

408 E Garfield Ave, New Castle, PA 16105

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1890
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

Value-add four-unit investment opportunity with projected annual gross rental income of approximately $28,800 at market rents. Built in 1890 and family owned since 1916, this historic property offers strong upside potential for investors seeking cash flow and appreciation. The property consists of four separate units, each with private entrances. Gas and electric are separately metered, reducing owner utility responsibility. Water and sewer are shared. A detached one-bedroom residence with full basement provides additional rental flexibility or potential owner-occupant use. With separate utilities, multiple units, and projected solid rental performance, this property presents an opportunity to stabilize, increase rents over time, and build long-term equity. Ideal for investors looking to reposition and maximize returns.

Listing Status:
Active
Data Last Updated:
July 7, 2026 at 1:16AM
Listing Office:
BERKSHIRE HATHAWAY THE PREFERRED REALTY : 724-658-6645
Listing Agent:
Kim Cragle : 724-658-6645
MLS ID:
1741225
  • Basement: Full
  • Style: Fourplex
  • Parking: Off StreetParking spaces: 2
  • Roofing: Composition
  • General: Frame
  • Originating MLS: WESTPENN_WPN
  • School District: New Castle
  • County: Lawrence
  • Zoning: R1
  • Utilities: Electricity AvailableNatural Gas AvailableSewer AvailableWater Available
  • Source: WESTPENN_WPN

This listing courtesy of Kim Cragle , BERKSHIRE HATHAWAY THE PREFERRED REALTY

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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