316 Newry Street
Hollidaysburg, PA 16648
PRICE: $450,000
Active | MLS# ag-79962
5396 sq ft
1.7 Acres
The Details
Step into a rare piece of history with this stunning 1830s brick mansion, once recognized as the Governor's residence in Hollidaysburg, now thoughtfully converted into a 7-unit multifamily investment property. This one-of-a-kind asset blends timeless architectural character with strong, reliable income, currently fully occupied and generating $72,000 in gross annual rents with a net operating income of $48,778.18. (Owner pays all utilities) Rich in historic charm, the property features classic brick construction and period details that are increasingly difficult to replicate, offering both aesthetic appeal and long-term value. Investors will appreciate the stabilized cash flow, while also recognizing potential for future upside through rent optimization or continued appreciation of this irreplaceable historic asset. Situated in a desirable and walkable area, this property is ideal for those looking to own a proven income-producing property with character, history, and presence. Opportunities like this--where history meets performance--are truly rare.
Property Overview
| Style | ******** |
| Property Type | Residential Income |
| Year Built | 1830 |
| School District | Hollidaysburg |
| County | Blair |
| Tax Municipality | Blair Township |
| Heat | Forced Air |
| A/C | None |
| Fireplaces | Wood Burning |
| Water | Public |
| Attached Garage | 1 |
| Exterior Features | Rain Gutters |
| Total Taxes | $6,801.82 |
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*All fees are for estimate purposes only.
| Sq. Footages | |
|---|---|
| Apx Total Fin SqFt | 5396 |
| Apx Above Gr Fin SqFt | 5396 |
| Apx Below Gr Fin SqFt | |
| Lot SqFt | 74052 |
| Rooms |
|---|
| Area None |
| Association Fee $ |
| Assessed Value $0 |
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