Map of Property

Multifamily Conversion Opportunity

For Sale

320 East Lincoln Avenue & 316 - 318 Rhodes Place, New Castle, PA 16101

This New Castle property for sale is located at 320 East Lincoln Avenue & 316 - 318 Rhodes Place. The current listed sale price for Multifamily Conversion Opportunity is Subject To Offer. Multifamily Conversion Opportunity is situated on a lot that is 2.91 acre in size.

Contacts

broker

Paige Myers

Totum Realty Advisors

(412) 745-5000

Property Details

  • Property Type Multi-Family
  • Property Size 60,000 SF
  • Units 83
  • Lot Size 2.91 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated Apr 15, 2024
The subject sites are directly acrosse from New Castle High School and located on cross streets East Licolnn Ave and Rhodes Place in New Castle.A tremendous value-add opportunity for a multi-family conversion directly behind the New Castle High School. This portfolio consists of three buildings on two parcels: a 71-bed personal care, 4-unit mansion, and 12-unit partially occupied apartment building. This financially distressed opportunity is under a wrap mortgage and must be sold in one transaction.

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Highlights

  • - Financially distressed property
  • - Over 60,000 SF spread across three buildings
  • - Must sell scenario
  • - Beauitful Grounds
  • - Ample Parking
  • - Prime location

Getting around

  • 59/100

    Walk Score ®

  • 26/100

    Bike Score ®

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Location

  • City New Castle, PA
  • Neighborhood New Castle
  • Zip Code 16101
  • Market Pittsburgh

Points of Interest

  • Speedway

    0.46 miles

  • BP

    0.74 miles

  • Sunoco

    0.78 miles

  • Sunoco

    1.26 miles

  • Cascade Express

    1.49 miles

  • GetGo

    2.03 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

  • Call's Plaza

    1.17 miles

  • Neshannock Plaza Center

    1.24 miles

  • Joseph's Marketplace

    1.62 miles

  • Giant Eagle

    1.95 miles

  • Sparkle Market

    2.08 miles

  • Walmart Supercenter

    2.91 miles

  • ALDI

    3.12 miles

  • Giant Eagle

    3.46 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Paige Myers

Totum Realty Advisors

(412) 745-5000