7 S 5TH ST, Clearfield, PA 16830
7 S 5TH ST, Clearfield, PA 16830
7 S 5TH ST, Clearfield, PA 16830
7 S 5TH ST, Clearfield, PA 16830
7 S 5TH ST, Clearfield, PA 16830
7 S 5TH ST, Clearfield, PA 16830
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Listed by Launce Soult • Realty One Group Supreme
$ 90,000
Est. payment | /mo

1,925 SqFt


Save
$ 90,000
Est. payment | /mo
Save

1,925 SqFt

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,925 sqft

Price per Sqft $46

MLS Listing ID PACD2045630

Style Traditional

Abv Grd Liv Area 1,925

Year Built 1900

Annual Tax Amount $1,692

Tax Year 2025

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Detached

Source BRIGHT

Property Description

Fully occupied 4-unit investment property in Clearfield, PA! Offered at $90,000, this property provides immediate rental income with significant potential for increased returns. Currently generating $19,740 in annual gross rents with a $12,240 NOI and 13.60% cap rate. Projected annual gross rents of $39,600 and NOI of $28,128 offer additional upside for investors.

The building consists of two 1-bedroom units and two 2-bedroom units, all occupied on month-to-month leases with rents currently well below market. Each unit has separately metered heat and electric, paid by tenants. Four off-street parking spaces and public water and sewer add convenience. An opportunity to acquire an income-producing property with room for future improvements and rental growth!

Location

State PA

County Clearfield

Area Clearfield Boro (158004)

Zoning RESIDENTIAL MULTI FAMILY

Interior

Hot Water Electric

Heating Hot Water

Cooling Window Unit(s)

Heat Source Oil

Exterior

Garage Spaces 4.0

Water Access N

Accessibility None

Total Parking Spaces 4

Garage N

Private Pool No

Building

Foundation Stone

Above Ground Finished SqFt 1925

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade

New Construction N

Schools

School District Clearfield Area

Others

Tax ID K08-220-00032

Ownership Fee Simple

SqFt Source 1925

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

Rob Gerrard

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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7 S 5TH ST