316 Newry Street, Hollidaysburg, PA 16648
Basics
- Price per sqft: $83.40
- Category: Commercial Sale
- Type: Multi Family
- Status: Active
- Area: 5396 sq ft
- Lot size: Public Records, 1.7 sq ft
- Year built: 1830
- Subdivision Name: None
- Lot Size Acres: 1.7 acres
- Zoning: Residential
- County: Blair
- MLS ID: 80880
Description
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Description:
Step into a rare piece of history with this stunning 1830s brick mansion, once recognized as the Governor's residence in Hollidaysburg, now thoughtfully converted into a 7-unit multifamily investment property.
This one-of-a-kind asset blends timeless architectural character with strong, reliable income, currently fully occupied and generating $72,000 in gross annual rents with a net operating income of $48,778.18. (Owner pays all utilities)
Rich in historic charm, the property features classic brick construction and period details that are increasingly difficult to replicate, offering both aesthetic appeal and long-term value. Investors will appreciate the stabilized cash flow, while also recognizing potential for future upside through rent optimization or continued appreciation of this irreplaceable historic asset.
Situated in a desirable and walkable area, this property is ideal for those looking to own a proven income-producing property with character, history, and presence. Opportunities like this--where history meets performance--are truly rare.
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Location
Building Details
- Building Area Total: 5396 sq ft
- Construction Materials: Brick
- Sewer: Public Sewer
- Heating: Forced Air
- Roof: Shingle
- Foundation Details: Stone
- Basement: Unfinished
- Roof: Shingle
Video
- Virtual Tour URL Unbranded: https://www.propertypanorama.com/instaview/allegheny_highland/80880
Amenities & Features
- Pool Features: None
- Electric: 200+ Amp Service
- Inclusions: All Appliances, washer and dryer, are included in the sale.
- Utilities: Electricity Connected, Sewer Connected
- Fencing: None
- Parking Features: Additional Parking, Attached, Driveway, Off Street, Paved
- WaterSource: Public
- Lot Features: Level
- Exterior Features: Rain Gutters
- Cooling: None
School Information
- High School District: Hollidaysburg
Miscellaneous
- Listing Terms: Cash, Commercial, Conventional, 1031 Exchange
- Special Listing Conditions: See Remarks
Courtesy of
- List Office Name: Keller Williams Flagship