24
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Listed by CASTLE REALTY
$369,900
Est. payment /mo
0.35 Acres Lot
Active
323 Franklin St Slippery Rock Boro, PA 16057
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Key Details
Property Type Single Family Home
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1742677
HOA Y/N No
Year Built 1900
Annual Tax Amount $2,298
Lot Size 0.353 Acres
Acres 0.3528
Property Sub-Type Other
Property Description
Turn-key college rental opportunity in the heart of Slippery Rock! This unique room-rental property has successfully operated for over a decade serving students attending Slippery Rock University. Located in a vibrant college town known for its walkable campus and strong student demand, this well-maintained property offers 8 individually rented bedrooms, each with different rental rates to maximize income potential. Each private room is fully furnished with a bed, dresser, desk, storage shelving, and personal refrigerator, providing students with a comfortable and convenient living space. Tenants share common areas including a full kitchen, coin-operated laundry, and two full bathrooms. The home also features auto-locking doors for added security and a cooperative household system where residents share chore responsibilities. Major mechanical updates include a newer high-efficiency furnace, updated hot water tank, and upgraded 200-amp electrical service, contributing to reliable and efficient operation. Outdoor amenities include a large spacious backyard, perfect for spring and summer enjoyment, along with picnic tables and patio chairs where students can relax or study outdoors. The property also offers private off-street parking for tenants, a valuable feature in a busy college area. Conveniently located near campus, local shops, dining, and community events that make Slippery Rock a thriving college town, conveniently across the street from Dollar General. This property presents a rare opportunity to own an established student housing investment with a long history of occupancy.
Location
State PA
County Butler
Area Slippery Rock Boro
Zoning C-2
Rooms
Basement Walk-Out Access
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Parking Features Assigned, Off Street
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Roof Type Slate
Building
Structure Type Frame
Schools
School District Slippery Rock Area
NEARBY SCHOOL & BUSINESS
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Jay Goodman
Broker Associate, Owner, Agent | OH, WV & PA | License ID: BRKP.2012000489