Value Add Opportunity
$1,250,000
316 - 318 Rhodes Pl, New Castle, PA 16101
50,000 sqft
Building Size
2.51 acres
Lot Area
Details:
Highlights:
- Incredible financial opportunity
- 2 buildings
- Beautiful grounds
- Ample parking
- New boiler with warrantee
Description:
This recently foreclosed property offers a unique opportunity for value-add investors. Situated on a spacious parcel, this property boasts not one, but two distinct facilities. The first is an impeccably restored mansion spanning 8,800 square feet, currently serving as a charming 4-unit multi-family residence. This restored mansion exudes character and offers an ideal setting for residents seeking a blend of historic charm and modern amenities. Additionally, the property features a purpose-built 72-bed personal care facility. This former personal care facility presents an incredible chance to acquire a distressed sale at a price far below the reconstruction cost, making it an enticing prospect for astute investors. With beautiful grounds, ample parking, and a prime location, this property presents a myriad of possibilities.
The subject site is directly across from New Castle High School
Documents:
| Title | ||
|---|---|---|
| Sale_Brochure__L_.pdf |
Location
Gallery
