42 West 4th Street

Oil City, PA 16301

$105,000
Price
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This side by side Duplex is fully rented with great income earning potential. The left unit has many new updates (windows, doors, flooring, wiring) that has 3 Bedrooms and 2 Baths. The right unit has an existing long term tenant that has been there for quite some time which has 3 bedrooms and 1 Bath. Both units have an attic that can be used for storage or converted into livable space. Both basements are have walk out access. All utilities for both units are separate. Perfect investment property...This side by side Duplex is fully rented with great income earning potential. The left unit has many new updates (windows, doors, flooring, wiring) that has 3 Bedrooms and 2 Baths. The right unit has an existing long term tenant that has been there for quite some time which has 3 bedrooms and 1 Bath. Both units have an attic that can be used for storage or converted into livable space. Both basements are have walk out access. All utilities for both units are separate. Perfect investment property for someone wanting to grow their portfolio or looking to get into the landlord business!
  1. Listed by ERA JOHNSON REAL ESTATE INC.

Property Details for 42 West 4th Street

Zoning
R-2
LISTING UPDATED: 01/09/2025 12:33 PM

Property Details for 42 West 4th Street

StatusActive
MLS #1684664
Days on Market9
Taxes$1,502 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Unit / Duplex
Year Built1908
Lot Size0.07 AC / 3,049 SF
CountyVenango County

Building Information for 42 West 4th Street

Stories-Residences2Year Built1908Building Size-Lot Size0.07 AC / 3,049 SF

Property Information for 42 West 4th Street

Summary
Location and General Information
  • City Name: 16301
  • Postal Code: 16301
  • County Or Parish: Clarion/Venango
  • County M 360: Clarion/Venango
  • State Or Province: Pennsylvania
  • Directions: Fromm VCCH: Turn Left onto Liberty Street. Turn Left onto US-62 N/Allegheny Blvd. Turn Right onto Petroleum Street. Turn Right onto W 4th Street. House is on the Right Side.
  • Public Transportation: Yes
Taxes and HOA Information
  • Map Num Block Num Lot Num Info: 16,020.-148..-000
  • Taxes: $1,502
School Information
  • School District: Oil City
  • School Transportation: Yes
Parking
  • Parking Description: On-Street Parking
Property
Lot Information
  • Acres: 0.07
  • Lot Size: 49x75x49x75
  • Type of Property: Duplex
  • Area: Oil City
  • Construction: Frame
Property and Assessments
  • Assessment Value: $43,490
  • Year Built Numeric: 1908
  • Disclaimer: Information Deemed Reliable, But Not Guaranteed
  • Photo Count: 1
Utilities
  • Utilities Available: Electricity, Gas, Sewer, Water
Interior and Exterior Features
Exterior Features
  • Roof: Composition
Interior Features
  • Baths Total: 0.0
  • Basement Description: Full
  • Insulation: Yes
Multi Family
Multi-Family Information
  • Num of Units: 2
  • Total Numof Units: 2
Unit Information
Unit 1
  • Unit Full Baths 1: 2
  • UNIT Monthly Rent 1: 850
  • Unit Num Bedrooms 1: 3
Unit 2
  • Unit Full Baths 2: 1
  • UNIT Monthly Rent 2: 600
  • Unit Num Bedrooms 2: 3
Rental
Rental Information
  • Tenant Occupied: Yes

Property History for 42 West 4th 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 42 West 4th Street

Taxable ValueLand$2,680Additions$40,810Total$43,490
Tax Record2024$1,502 ($125 / month)
Home Facts
Beds6Baths2Total Finished SqFt2,616 SqFtAbove Grade Finished SqFt2,616 SqFtStories2Lot Size3,049 SqFtStyleSingle Family ResidenceYear Built1908Year Renovated1950CountyVENANGOAPN16,020.-148..-000

Schools near 42 West 4th Street

This home is within Oil City Area School District.
Rating
School
Type
Grades
Distance
Public - 2 to 4
Public - 5 to 8
Public - 9 to 12
Public - K to 1
Rating
School
Distance
Seventh Street School
Public2 to 4

Oil City Area Middle School
Public5 to 8

Oil City Senior High School
Public9 to 12

Smedley Street School
PublicK to 1

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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42 West 4th Street is a multi-family home for sale in Oil City, PA 16301. This property was listed for sale on January 9, 2025 by ERA JOHNSON REAL ESTATE INC., it's currently listed at $105,000. It has been on the market for a total of 9 days and was last sold on July 15, 2022. This listing's school district is Oil City Area School District. Nearby schools include Seventh Street School, Oil City Area Middle School and Oil City Senior High School. 42 West 4th Street is a 0-bed, 0-bath, multi-family home built in 1908.

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 ERA JOHNSON REAL ESTATE INC.

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: 01/09/2025 12:33 PM