Property Description
Turnkey Investment – 10-Home Rental Portfolio in New Castle, PA! Well-maintained, tenant-occupied portfolio generating $108,600 in gross annual rent with a 2024 NOI of $88,648—offering a strong 9.85% cap rate. All 10 single-family homes feature 2–3 bedrooms, 1 bath, separate utilities, and numerous updates including newer roofs, furnaces, plumbing, and electrical systems. Tenants pay all utilities. Low property taxes, stable occupancy, and proven rental history make this a reliable cash-flowing investment. Minimal maintenance reserves and turnover assumptions are already factored into projections. Full rent roll, tax records, and repair summaries available. Owner prefers to sell as a package.
Basement
Features
: Other
Address Map
US
PA
Lawrence
New Castle
Home Portfolio
10
0
W81° 39' 12''
N40° 59' 25.8''
Union Twp - LAW
$9,069
Building and Construction
0.046
: Res
School Information
Union Area LAW
Active
10 Home Portfolio, New Castle, PA 16101
0 Bedrooms
0 Bathrooms
0.05 Acre
$899,900
Listing ID #1705931
Basic Details
Listing Type : For Sale
Listing ID : 1705931
Price : $899,900
Bedrooms : 0
Bathrooms : 0
Year Built : 1926
Lot Area : 0.05 Acre
Property Type : Multi-unit
Status : Active
Agent info


Keller Williams
460 Washington Rd #2, Washington, PA 15301
Contact Agent