Address
307 & 311 WALNUT Street, Meadville, PA
Price
$ 295,000
Property Attributes
  • MLS#173490
  • TypeMulti-Family
  • CountyCRAWFORD
  • CityMeadville
  • AreaMeadville City
  • Zip16335
  • StyleTwo Story
  • Taxes$ 6565
  • Price$ 295,000
  • Bedrooms7
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5092
  • Lot Size0.17 Acres
Data Source:
Greater Erie MLS (GEMLS)
Property Description

Currently occupied by long term established law office 1st floor. 4 apartments on the 2nd floor. Courthouse view on the diamond, directly west of Meadville Library parking lot (Do Not park in library lot). Excellent location to county offices, Etc. This property offers a 3 bedroom unit, 2 bedroom unit, 1 bedroom unit, and a 1 bedroom studio unit! Law office taking up the entire 1st floor (Approximately 2546 Sqft.). The 2 bedroom apartment was completely gutted and rebuilt after a fire approx. 2008. The 3 bedroom apartment was fully remodeled in 2017. Mill Run borders rear lot.

Price History
1/16/2024 Listed $295,000

General Features

Sewer PublicSewer
Heating ForcedAir,Gas
Cooling CentralAir
Possession CloseOfEscrow,SubjectToTenantRights
Roof Composition,Metal
Garage Spaces 0.0
Architectural Style TwoStory
Construction Materials Mixed
Security Deposit 10000.0
Stories 2
Township Meadville
Levels Two
Property SubType MultiFamily
Tax Year 2023
Gross Income 42120.0
Waterfront Features Waterfront
County Crawford
Net Operating Income 42120.0
Insurance Expense 2477.0
New Construction No
Property Type ResidentialIncome
HOA / Comm Assn No
Attached Garage No
Garage Y/N No
Status Active
Directions From CCCH: Diamond and head west on W. Center St,R on N Cottage St,R on Walnut St,Property will be on the left.
ModificationTimestamp 2024-05-24T19:18:08.013-00:00
City Meadville
View Y/N No
Senior Community Y/N No
High School District Crawford Central
Zoning Description B-1
NumberOfUnitsTotal 5
MLS Area 19 - Meadville City
Lot Size Units Acres
Waterfront Y/N Yes
Carport Y/N No
Property Attached Y/N No
Year Built Details Unknown
Land Lease Y/N No
Tax Annual Amount 6565.0
Home Warranty Y/N No
Property Condition UpdatedRemodeled
Water Sewer Expense 1957.0
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 129
Standard Status Active
Middle/Junior School District Crawford Central
Elementary School District Crawford Central
Tax Assessed Value 63352
MobileHomeRemainsYN No
PostalCity Meadville

Interior Features

Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Total Bedrooms 7
Electric On Property Y/N No
LivingAreaSource Assessor

Exterior Features

Lot Features IrregularLot,MineralRights,StreamCreek,Sloped,Waterfront
Water Source Public
Total Parking 0.0
Lot Size Area 0.17
Spa No
Building Area Total 5092.0
Lot Dimensions 62x126x0x0
Lot Size Acres 0.17
Road Surface Type Paved
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 16335

Price
AVG $190K
$300K
Taxes
AVG $3,553
$6,565
Visits
AVG 360
51
Data Provided by Inside Real Estate®