1029 School Street

Indiana, PA 15701

$165,000
Price
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Beds
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Description

Remodeled, cash flowing duplex in the heart of a convenient neighborhood to campus in the heart of Indiana. Perfect for an investor looking for a cornerstone portfolio property. Fully occupied, this listing includes an off street parking space and a short walk to and from campus. The lot behind is flat and enjoyable for students or tenants. Upside potential in rents and updates completed throughout, including roof and HVAC systems. The ultimate opportunity for an investor seeking cash flow and low...Remodeled, cash flowing duplex in the heart of a convenient neighborhood to campus in the heart of Indiana. Perfect for an investor looking for a cornerstone portfolio property. Fully occupied, this listing includes an off street parking space and a short walk to and from campus. The lot behind is flat and enjoyable for students or tenants. Upside potential in rents and updates completed throughout, including roof and HVAC systems. The ultimate opportunity for an investor seeking cash flow and low maintenance! Detached garage on the property can be used for extra rental income!
  1. Listed by RE/MAX 360 REALTY

Property Details for 1029 School Street

Parking Spaces
3
Zoning
R2
LISTING UPDATED: 09/07/2024 09:46 AM

Property Details for 1029 School Street

StatusActive
MLS #1670784
Days on Market9
Taxes$2,934 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Unit / Duplex
Year Built1940
Lot Size0.20 AC / 8,712 SF
CountyIndiana County

Building Information for 1029 School Street

Stories-Residences-Year Built1940Building Size-Lot Size0.20 AC / 8,712 SF

Property Information for 1029 School Street

Summary
Location and General Information
  • City Name: Indiana Boro
  • Postal Code: 15701
  • County Or Parish: Indiana
  • County M 360: Indiana
  • State Or Province: Pennsylvania
  • Directions: Indiana on Philadelphia St Take S 9th St Make a right on School Property on Right
  • Public Transportation: Yes
Taxes and HOA Information
  • Map Num Block Num Lot Num Info: 24-003-319.00
  • Taxes: $2,934
School Information
  • School District: Indiana Area
  • School Transportation: Yes
Parking
  • Parking Description: Detached Garage, Off-Street Parking, On-Street Parking
Property
Lot Information
  • Acres: 0.2
  • Lot Size: 60X120X55X120
  • Type of Property: Duplex
  • Area: Indiana Boro - IND
  • Construction: Frame
Property and Assessments
  • Assessment Value: $113,600
  • Insurance: $600
  • Maintenance: $100
  • Year Built Numeric: 1940
  • Disclaimer: Information Deemed Reliable, But Not Guaranteed
  • Photo Count: 36
Utilities
  • Utilities: $400
  • Utilities Available: Electricity, Gas, Sewer, Water
Interior and Exterior Features
Exterior Features
  • Roof: Metal
Interior Features
  • Baths Total: 0.0
  • Basement Description: UNFIN
Multi Family
Multi-Family Information
  • Num of Units: 2
Income and Expenses
  • Gross Annual Income: $14,200
  • Gross Operating Income: $14,200
Unit Information
Unit 1
  • Unit Full Baths 1: 1
  • UNIT Monthly Rent 1: 400
  • Unit Num Bedrooms 1: 2
Unit 2
  • Unit Full Baths 2: 1
  • UNIT Monthly Rent 2: 775
  • Unit Num Bedrooms 2: 2
Rental
Rental Information
  • Tenant Occupied: Yes

Property History for 1029 School Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1029 School Street

Taxable ValueLand$23,500Additions$90,100Total$113,600
Tax Record2024$3,169 ($264 / month)
Home Facts
Beds5Total Finished SqFt1,736 SqFtAbove Grade Finished SqFt1,736 SqFtUnfinished Basement SqFt931 SqFtStories2Lot Size10,890 SqFtStyleSingle Family ResidenceYear Built1940Year Renovated2000CountyINDIANAAPN24-003-319

Schools near 1029 School Street

This home is within Indiana Area School District.
Rating
School
Type
Grades
Distance
Public - 4 to 5
Public - 6 to 8
Public - 9 to 12
Public - 4 to 5
Rating
School
Distance
Eisenhower Elementary School
Public4 to 5

Indiana Area Junior High School
Public6 to 8

Indiana Area Senior High School
Public9 to 12

Horace Mann El School
Public4 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1029 School Street is a multi-family home for sale in Indiana, PA 15701. This property was listed for sale on September 7, 2024 by RE/MAX 360 REALTY, it's currently listed at $165,000. It has been on the market for a total of 9 days and was last sold on April 27, 2023. This listing's school district is Indiana Area School District. Nearby schools include Eisenhower Elementary School, Indiana Area Junior High School and Indiana Area Senior High School. 1029 School Street is a 0-bed, 0-bath, multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX 360 REALTY

The information is being provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 West Penn Multi-List, Inc.. All Rights Reserved. Last Updated: 09/07/2024 09:46 AM