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130 E Spruce St - 4-Plex Investment (MLS# 191311) 4 Unit Apartment Building Offered at $237,141 CAD Titusville, PA 16354
Executive Summary
This 4-plex investment opportunity is situated in the heart of Titusville and features newer siding, windows, and flooring. Most of the units have some newer updates and larger floor plans. One of the units offers the potential for conversion into a two-bedroom layout, which could significantly increase rental income. Finding multi-family units in the Titusville market is a challenge, as these properties are quite rare and in high demand. Call today to go look at the property.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$42,124
|
$15.96
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$42,124
|
$15.96
|
| Taxes |
$1,936
|
$0.73
|
| Operating Expenses |
$15,282
|
$5.79
|
| Total Expenses |
$17,218
|
$6.52
|
| Net Operating Income |
$24,906
|
$9.43
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $42,124 |
| Annual Per SF | $15.96 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $42,124 |
| Annual Per SF | $15.96 |
| Taxes (CAD) | |
|---|---|
| Annual | $1,936 |
| Annual Per SF | $0.73 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $15,282 |
| Annual Per SF | $5.79 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $17,218 |
| Annual Per SF | $6.52 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $24,906 |
| Annual Per SF | $9.43 |
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $889.80 CAD | 640 |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Moderately bikeable
70/100
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130 E Spruce St - 4-Plex Investment (MLS# 191311)
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