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sales rep | Brivity IDX

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101 W Water St , New Philadelphia, PA 17959
$79,000
Est. Payment: $426.77/mo
0.08 Acres
Status: active | Days on site: 65
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LPMG1 - 3395999
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House Description

6-Unit Multifamily Value-Add Opportunity. Calling all investors and value-add buyers: this 6-unit multifamily property is priced to move and built for upside. With a unit mix of three 1-bedroom and three 2-bedroom apartments, this full-renovation project offers a rare entry point into multifamily ownership at a fraction of replacement cost. The property needs a complete renovation, making it a strong fit for an experienced rehabber, contractor-investor, or buyer looking to drive appreciation through a full stabilization plan. Once renovated and leased at market rents, the projected gross annual income ranges from approximately $68,400 to $72,000, based on estimated rents of $900/month for the 1-bedroom units and $1,000–$1,100/month for the 2-bedroom units. At an asking price of just $79,900 for six units, this deal offers significant upside for buyers willing to put in the work. Whether you're expanding a rental portfolio or taking on your next ground-up rehab, this property is a compelling opportunity to build equity from day one. The property is being sold as a full renovation/value-add opportunity, ideal for investors comfortable managing a rehab from the ground up. Serious, qualified buyers only.

Highlights

Listed by Michael John Fiteni , 4843400598 LPMG Management Co. , 2157695764. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.08

Year Built

1925

County

Schuylkill

Area

New Philadelphia Boro (13354)

School District

Saint Clair Area

Listing ID

PASK2029238

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Interior Features

Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Zoning:R-3
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$427
Taxes
$217

Home Price

$79,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$15,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$426.77

Principal

Taxes

Principal Taxes HOA Total
Monthly $426.77 $216.50 $0.00 $643.27
Yearly $5,121.26 $2,598.00 $0.00 $7,719.26
Total $153,637.80 $77,940.00 $0.00 $231,577.80
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (New Philadelphia, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T09:11:29.000Z

© 2026 Bright MLS