Grove City Boro, PA 16127 229 Grace St
$510,000
44 more
Presented By: BERKSHIRE HATHAWAY THE PREFERRED REALTY
Beds • 12
Baths • 6
Home Details
Here is an incredible opportunity to purchase an entire 9 unit rental portfolio with tremendous cash flow on day one. In addition, the new owner has the ability to quickly add value by finishing the renovation process on the last few units. This rental portfolio consists of 4 excellent properties in Grove City: 229 Grace St Triplex, 227 Grace St Triplex, 221-1/2 Grace St SFR, and 412 W Main St Duplex. These well updated apartments have excellent long term tenants in place.
Presented By: BERKSHIRE HATHAWAY THE PREFERRED REALTY
Interior Features for 229 Grace St
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)Yes
Fireplace Y/NNo
Heating Y/NNo
General for 229 Grace St
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityGrove City Boro
Construction MaterialsBrick, VinylSiding
CountyMercer
DirectionsFrom Broad Street to a right onto Pine Street to a right onto Grace Street to the property on the right
Electric On Property Y/NNo
Elementary School DistrictGrove City Area
Garage Y/NNo
Gross Income63000.0
HOANo
High School DistrictGrove City Area
Home Warranty Y/NNo
Insurance Expense5937.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size UnitsAcres
MLS AreaGrove City Boro
MLS Area MinorGrove City Boro
Middle/Junior School DistrictGrove City Area
MobileHomeRemainsYNNo
ModificationTimestamp2025-04-29T02:27:00.323-00:00
Net Operating Income42659.0
New ConstructionNo
Number Of Units Total9
Occupancy TypeTenant
PostalCityGrove City
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofAsphalt
Senior Community Y/NNo
Standard StatusActiveUnderContract
StatusContingent
Tax Annual Amount4684.0
Tax Assessed Value18600
UtilitiesElectricityAvailable, NaturalGasAvailable, SewerAvailable, WaterAvailable
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Waterfront Y/NNo
ZoningMUL
Zoning DescriptionMUL
Exterior for 229 Grace St
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions0.1717
Lot Size Acres0.1717
Lot Size Area0.1717
Open Parking Y/NNo
Parking FeaturesOnStreet
SpaNo
Additional Details
Price History
Teena Marie Custer
Realtor