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Executive Summary

This property is a great investment opportunity with significant potential for growth. If you're seeking a promising addition to your portfolio, this could be an excellent fit. Located just outside of Meadville. There is one gas meter, and the landlord currently pays the gas bill. The property has one forced air natural gas furnace and one gas hot water heater. The two-unit building is solid with room for rental growth. Schedule a showing to understand the possibilities this property can offer.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $14,961 $7.84
Other Income - -
Vacancy Loss - -
Effective Gross Income $14,961 $7.84
Taxes $2,013 $1.05
Operating Expenses - -
Total Expenses $2,013 $1.05
Net Operating Income - -

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $14,961
Annual Per SF $7.84
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $14,961
Annual Per SF $7.84
Taxes (CAD)
Annual $2,013
Annual Per SF $1.05
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $2,013
Annual Per SF $1.05
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Price $123,148 CAD
Price Per Unit $61,574 CAD
Sale Type Investment
No. Units 2
Property Type
Multifamily
  • General Retail Storefront Retail/Residential
  • Multifamily Apartments
  • Office Office Residential
Apartment Style Garden
Lot Size 0.16 AC
Building Size 1,908 SF
No. Stories 1
Year Built 1950
Zoning B-1 - Business

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 1 $900.41 CAD 1,000
1+1 1 $346.31 CAD 896
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
  • Listing ID: 39931493

  • Date on Market: 2026-03-27

  • Last Updated:

  • Address: 25141 State St, Meadville, PA 16335

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