320 East Lincoln Ave

320 East Lincoln Ave, New Castle, PA 16101

  • For Sale $700,000
  • Property Type Multi-Family
  • Property Size 10,000 SF
  • Units 12
  • Lot Size 0.4 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1920
  • Date Updated Feb 14, 2024
The site is across the street from New Castle High School, located on cross streets East Lincoln Ave and Rhodes Place.This unique offering presents an exceptional opportunity for investors or individuals seeking a multi-family residence. Nestled within New Castle, this property showcases twelve (12) thoughtfully designed One (1) Bedroom apartments. As a value-add proposition, this property presents the chance to enhance its appeal further. Five (5) units currently require minor rehabilitation, providing the perfect canvas for creative improvements. With a little investment, you can revitalize these units to attract even more discerning tenants and maximize the property's potential. Situated within a restored old home, this building seamlessly blends the charm of its original architecture with the practicality of a modern multi-family residence. The building is fully sprinkled and has an elevator that provides convenient access to all floors.

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Attachments

Highlights

  • 58% occupied
  • Fully Sprinkled
  • Elevator
  • Ample Parking
  • Located by Highschool, ideal location

Contacts

broker

Michael Castle

Totum Realty Advisors

(412) 745-5000

Location

Getting Around

  • Walk Score ®

    59/100 Somewhat Walkable
  • Bike Score ®

    26/100 Somewhat Bikeable
Powered by Walk Score ®
  • City New Castle, PA
  • Neighborhood New Castle
  • Zip Code 16101
  • Market Pittsburgh

Points of Interest

  • Speedway

    0.46 miles

  • BP

    0.75 miles

  • Sunoco

    0.78 miles

  • Sunoco

    1.26 miles

  • Cascade Express

    1.49 miles

  • GetGo

    2.04 miles

  • Marathon

    2.76 miles

  • Sheetz

    3.13 miles

  • GetGo

    3.45 miles

  • Red Apple Kwik FIll

    3.50 miles

  • New Castle Parking Garage

    0.47 miles

  • Mohawk Elementary School

    6.08 miles

  • Portersville Park & Ride

    9.63 miles

  • Quality Inn

    2.04 miles

  • Hampton Inn & Suites New Castle

    3.21 miles

  • Holiday Inn Express & Suites

    3.36 miles

  • Candleford Inn

    8.61 miles

  • Dunkin' Donuts

    0.35 miles

  • The Confluence

    0.47 miles

  • Two Rivers Artisan Coffee Works

    0.49 miles

  • Little Johnny's II

    0.49 miles

  • China Banquet

    0.50 miles

  • Domino's

    0.54 miles

  • Subway

    0.54 miles

  • MP Coney Island

    0.55 miles

  • Burger King

    0.67 miles

  • Edward's Restaurant & Lounge

    0.72 miles

  • New Castle Junior-Senior High School

    0.17 miles

  • Harry W. Lockley Early Learning Center

    0.58 miles

  • Croton Elementary School

    0.86 miles

  • George Washington Intermediate School

    0.89 miles

  • New Castle Christian Academy

    0.93 miles

  • Benjamin Franklin Early Learning Center

    1.05 miles

  • Saint Vitus School

    1.13 miles

  • Thaddeus Stevens Elementary School

    1.19 miles

  • Lincoln Garfield Elementary School

    1.32 miles

  • Hickory Heights School

    1.43 miles

  • Little Lambs

    8.11 miles

Frequently Asked Questions

What is the lease rate for 320 East Lincoln Ave?

Rental asking rate at 320 East Lincoln Ave is $350,000.00/YR.

What is the total square footage of 320 East Lincoln Ave?

320 East Lincoln Ave totals 10,000 square feet.

When was this property built?

320 East Lincoln Ave was built in 1920.

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Contact Listing Broker

broker

Michael Castle

Totum Realty Advisors

(412) 745-5000