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934 W Ridge Ave 5 Unit Apartment Building $477,794 CAD ($95,559 CAD/Unit) 7.84% Cap Rate Sharpsville, PA 16150

EXECUTIVE SUMMARY
Fantastic investment opportunity in Sharpsville to own a highly recognizable property located in the heart of town. This distinctive five-unit building, formerly a church, has been thoughtfully converted into five unique residential spaces—four spacious two-bedroom, one-bath apartments and one studio apartment, each with its own charm. The larger units feature generous living rooms, expansive kitchens, and second-story loft bedrooms that add both character and space. The current owner has maintained the property well, including a roof replacement during his ownership. Each unit has separate utilities, all paid by the tenants, making management straightforward and cost-effective. A full basement provides dry, shared storage for tenants, and all seller-owned appliances will be included in the sale. Additionally, off-street parking is available at the rear of the building, adding further convenience for residents.
PROPERTY FACTS
| Price | $477,794 CAD | Building Class | C |
| Price Per Unit | $95,559 CAD | Lot Size | 0.21 AC |
| Sale Type | Investment | Building Size | 5,600 SF |
| Cap Rate | 7.84% | Average Occupancy | 100% |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment | Parking Ratio | 0.89/1,000 SF |
| Apartment Style | Low-Rise |
| Price | $477,794 CAD |
| Price Per Unit | $95,559 CAD |
| Sale Type | Investment |
| Cap Rate | 7.84% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 5,600 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1900 |
| Parking Ratio | 0.89/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Refrigerator
- Oven
- Range
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Gas Range
- Walk-Up
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934 W Ridge Ave
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