302 15th Street

Franklin, PA 16323

$1,495,000
Price
—
Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Contingent

Contingent

a front view of a house with a garden and parking
a car parked in front of a building
a view of a park with large trees and a pathway
front view of a building with a street
a view of a house with a swimming pool
a front view of a house with a yard and plants
an outdoor space with seating area and trees in the background
an outdoor space view with swimming pool
an aerial view of multiple houses with yard
a view of street with parked cars
a front view of a house with garden

Description

Take advantage of this rare opportunity to own this fabulous 20 unit building and add this to your portfolio. This well built BRICK property is constructed with 18 2-bedrooms and 2 1-bedrooms divided up into 4 sections. Terrace Garden Apartments come with a rich history of being fully occupied with long term residents and a waiting list! The units are consistent in layout and finishes with the galley kitchen: fully furnished, dining area, living room, and plenty of closets. The basement houses the...Take advantage of this rare opportunity to own this fabulous 20 unit building and add this to your portfolio. This well built BRICK property is constructed with 18 2-bedrooms and 2 1-bedrooms divided up into 4 sections. Terrace Garden Apartments come with a rich history of being fully occupied with long term residents and a waiting list! The units are consistent in layout and finishes with the galley kitchen: fully furnished, dining area, living room, and plenty of closets. The basement houses the coin operated laundry and each unit has their own storage area. There is extra storage outside along with terraces and patios! The common parking lot has an assigned space for each unit but there is plenty of parking on 15th and Elk streets. Tenant pays electric while owner pays water, sewage, trash. So many improvements since 2019 including: new electric boxes in each unit, exterior LED lights, commercial washer/dryer, resealed parking lot, LED hallway light fixtures.
  1. Listed by RE/MAX SELECT REALTY

Property Details for 302 15th Street

Parking Spaces
21
Zoning
C
LISTING UPDATED: 12/29/2024 03:46 PM

Property Details for 302 15th Street

StatusContingent
MLS #1661300
Days on Market179
Taxes$14,770 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeMulti-Unit / Other
Year Built1986
Lot Size0.52 AC / 22,651 SF
CountyVenango County

Building Information for 302 15th Street

Stories-Residences20Year Built1986Lot Size0.52 AC / 22,651 SF

Property Information for 302 15th Street

Summary
Location and General Information
  • City Name: Franklin
  • Postal Code: 16323
  • County Or Parish: Clarion/Venango
  • County M 360: Clarion/Venango
  • State Or Province: Pennsylvania
Taxes and HOA Information
  • Map Num Block Num Lot Num Info: 10-217-069
  • Taxes: $14,770
School Information
  • School District: Franklin
Parking
  • Parking Description: Assigned Space, Off-Street Parking
Property
Lot Information
  • Acres: 0.52
  • Lot Size: 146x146+/-
  • Type of Property: Other
  • Area: City of Franklin
  • Construction: Brick
Property and Assessments
  • Assessment Value: $416,670
  • Insurance: $7,465
  • Maintenance: $6,000
  • Year Built Numeric: 1986
  • Disclaimer: Information Deemed Reliable, But Not Guaranteed
  • Photo Count: 11
Utilities
  • Utilities: $33,000
  • Utilities Available: Electricity, Sewer, Water
Interior and Exterior Features
Interior Features
  • Baths Total: 0.0
  • Basement: Yes
  • Basement Description: HUGE
Multi Family
Multi-Family Information
  • Num of Units: 0
  • Total Numof Units: 20
Income and Expenses
  • Gross Annual Income: $173,280
  • Gross Operating Income: $173,280
  • Net Operating Income: $112,045
Rental
Rental Information
  • Tenant Occupied: Yes
  • Vacancy Dollars: $0
  • Vacancy Percentage: 0

Property History for 302 15th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 302 15th Street

This home is within Franklin Area School District.
Rating
School
Type
Grades
Distance
Central El School
Public - K to 6
Franklin Area High School
Public - 7 to 12
Sandycreek El School
Public - K to 6
Franklin Area Middle School
Public - 7 to 8
Rating
School
Distance
Central El School
PublicK to 6

Franklin Area High School
Public7 to 12

Sandycreek El School
PublicK to 6

Franklin Area Middle School
Public7 to 8

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.

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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 SELECT 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 2025 West Penn Multi-List, Inc.. All Rights Reserved. Last Updated: 12/29/2024 03:46 PM