343 4th Avenue

Sharon, PA 16146

$445,000
Price
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Description

This exceptional 11-unit single family portfolio in the heart of Mercer County, PA offers a unique blend of immediate income and long-term growth potential. With 45% of units currently leased, generating steady passive income, and 55% ready for occupancy or value-add renovations, this property is poised to deliver substantial returns. Portfolio offers: 4 units with 2 bed, 1 bath. 4 units with 3 bed, 1 bath. 1 unit 3 bed, 2 bath. 1 unit 5 bed, 1 bath. 1 unit 6 bed, 1 bath. Value-Add Opportunities:...This exceptional 11-unit single family portfolio in the heart of Mercer County, PA offers a unique blend of immediate income and long-term growth potential. With 45% of units currently leased, generating steady passive income, and 55% ready for occupancy or value-add renovations, this property is poised to deliver substantial returns. Portfolio offers: 4 units with 2 bed, 1 bath. 4 units with 3 bed, 1 bath. 1 unit 3 bed, 2 bath. 1 unit 5 bed, 1 bath. 1 unit 6 bed, 1 bath. Value-Add Opportunities: The vacant units present a canvas for creative renovations, allowing you to increase rents and property value. Whether you're a seasoned investor seeking to expand your portfolio or a first time investor looking to enter the real estate market, this property offers an unparalleled opportunity to secure a promising future!
  1. Listed by BERKSHIRE HATHAWAY THE PREFERRED REALTY

Property Details for 343 4th Avenue

Zoning
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LISTING UPDATED: 12/14/2024 03:00 PM

Property Details for 343 4th Avenue

StatusActive
MLS #1682660
Days on Market4
Taxes$11,802 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeMulti-Unit / Other
Year Built9999
Lot Size1.53 AC / 66,481 SF
CountyMercer County

Building Information for 343 4th Avenue

Stories-Residences11Year Built9999Lot Size1.53 AC / 66,481 SF

Property Information for 343 4th Avenue

Summary
Location and General Information
  • City Name: Sharon
  • Postal Code: 16146
  • County Or Parish: Mercer
  • County M 360: Mercer
  • State Or Province: Pennsylvania
Taxes and HOA Information
  • Map Num Block Num Lot Num Info: 11 Units + 8 lots
  • Taxes: $11,802
School Information
  • School District: Sharon City
Property
Lot Information
  • Acres: 1.5262
  • Lot Size: 1.5262 acres
  • Type of Property: Other
  • Area: Sharon
Property and Assessments
  • Assessment Value: $84,500
  • Insurance: $6,204
  • Year Built Numeric: 9999
  • Disclaimer: Information Deemed Reliable, But Not Guaranteed
  • Photo Count: 43
Utilities
  • Utilities: $10,956
Interior and Exterior Features
Interior Features
  • Baths Total: 0.0
Multi Family
Multi-Family Information
  • Num of Units: 10
  • Total Numof Units: 11
Income and Expenses
  • Gross Operating Income: $42,000
  • Net Operating Income: $13,038
Unit Information
Unit 1
  • Unit Full Baths 1: 1
  • Unit Num Bedrooms 1: 6
Unit 2
  • Unit Full Baths 2: 1
  • UNIT Monthly Rent 2: 800
  • Unit Num Bedrooms 2: 2
Unit 3
  • Unit Full Baths 3: 1
  • Unit Num Bedrooms 3: 2
Unit 4
  • Unit Full Baths 4: 1
  • Unit Num Bedrooms 4: 2
Unit 5
  • Unit Full Baths 5: 1
  • UNIT Monthly Rent 5: 700
  • Unit Num Bedrooms 5: 3
Unit 6
  • Unit Full Baths 6: 1
  • UNIT Monthly Rent 6: 700
  • Unit Num Bedrooms 6: 3
Unit 7
  • Unit Full Baths 7: 1
  • UNIT Monthly Rent 7: 600
  • Unit Num Bedrooms 7: 3
Unit 8
  • Unit Full Baths 8: 1
  • UNIT Monthly Rent 8: 700
  • Unit Num Bedrooms 8: 3
Unit 9
  • Unit Full Baths 9: 1
  • Unit Num Bedrooms 9: 3
  • Unit Partial Baths 9: 1
Unit 10
  • Unit Full Baths 10: 1
  • Unit Num Bedrooms 10: 5
Rental
Rental Information
  • Tenant Occupied: Yes
  • Vacancy Dollars: $49,800
  • Vacancy Percentage: 55

Property History for 343 4th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 343 4th Avenue

Taxable ValueLand$900Additions$8,150Total$9,050
Tax Record2023$1,269 ($106 / month)
Home Facts
Beds0Stories2StyleSingle Family ResidenceCountyMERCERAPN2 N 30

Schools near 343 4th Avenue

This home is within Sharon City School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Case Avenue El School
PublicK to 6

Sharon Middle School
Public7 to 8

Sharon High School
Public9 to 12

West Hill El School
PublicK to 6

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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343 4th Avenue is for sale in Sharon, PA 16146. This property was listed for sale on December 14, 2024 by BERKSHIRE HATHAWAY THE PREFERRED REALTY, it's currently listed at $445,000. It has been on the market for a total of 4 days and was last sold on December 16, 2011. This listing's school district is Sharon City School District. Nearby schools include Case Avenue El School, Sharon Middle School and Sharon High School. 343 4th Avenue is a 0-bed, 0-bath, built in 9999.

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 BERKSHIRE HATHAWAY THE PREFERRED 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: 12/14/2024 03:00 PM