Historic Multifamily Property in Beaver Falls, Pennsylvania, Advertised at $10,000

Historic Multifamily Property in Beaver Falls, Pennsylvania, Advertised at $10,000

Located at 1228 5th Avenue in Beaver Falls, Pennsylvania, this multifamily property combines early twentieth-century character with a layout described as two separate apartments. Built in 1910, the building features original woodwork, oversized rooms, high ceilings, pocket doors, and vintage transom windows. These architectural details give the interior a distinctive identity and provide a starting point for buyers interested in restoring an older residential property.

The listing displays a price of $10,000 and identifies the sale conditions as “Absolute Auction” and “Auction.” Buyers should therefore confirm what the advertised amount represents. It should not be assumed to be a fixed purchase price or the amount for which the property will ultimately sell.

Several details also require clarification, including the bedroom count and annual taxes. Understanding those differences, along with the building’s condition and auction terms, will help prospective buyers evaluate the opportunity on a realistic basis.

Property Overview and Reported Dimensions

The property is classified as multifamily and occupies a reported 2,613-square-foot lot. Although the main listing summary leaves the living area blank, the detailed facts report a total structure area of 1,968 square feet, with the same figure listed as finished above-ground area.

These measurements provide useful context, but buyers should verify them through available records and an inspection. It is especially important to establish whether the finished third-floor space described in the overview is included in the reported area.

The building dates to 1910, and its appeal centers partly on the features associated with that period. Original trim, transom windows, and functioning pocket doors contribute to its character. At the same time, an older building requires a careful assessment of its structure, mechanical systems, and maintenance history.

The supplied facts indicate no homeowners association. Buyers should still review any property-specific obligations, recorded restrictions, or municipal requirements that could affect their intended use.

Two Apartments Described in the Property Overview

According to the narrative description, the building contains two separate apartments: a first-floor unit and an upper-level unit. Each is described as having three bedrooms and one bathroom.

That arrangement would suggest six bedrooms and two bathrooms across the building. However, the structured listing fields show three bedrooms and two bathrooms in total. This discrepancy should be resolved before buyers rely on a particular room count.

The distinction matters when planning occupancy, renovations, or a future rental arrangement. A room described as a bedroom in marketing material may require further verification regarding its permitted use and physical characteristics.

Prospective buyers should request a floor plan, review available municipal records, and confirm the property’s recognized unit configuration. An in-person tour can then help establish how the rooms connect and whether the actual layout matches the description.

The First-Floor Apartment

The first-floor apartment is described as a three-bedroom, one-bathroom unit. Its location may appeal to someone who prefers having living and sleeping spaces on the lower level, although the listing does not establish step-free entry or accessibility features.

Oversized rooms could allow flexibility in furniture placement and everyday use. Their practicality will depend on dimensions, doorway locations, storage, and circulation between spaces.

During a showing, buyers can assess how independently this apartment functions. Entrance arrangements, kitchen and bathroom facilities, utility access, and separation from the upper unit are all relevant details.

The listing does not provide a separate condition report for this apartment. Its readiness for occupancy should therefore be established through inspection rather than inferred from the room description.

The Upper-Level Apartment and Finished Third Floor

The upper apartment is also described as having three bedrooms and one bathroom. In addition, the overview identifies a large finished third floor that could serve as a bonus room or potentially an additional bedroom.

That extra space may be an appealing feature, but its permitted use needs confirmation. Ceiling height, access, emergency escape arrangements, heating, and other applicable requirements may influence whether it can be recognized as sleeping space.

Until those details are verified, buyers should evaluate it as described finished space with a proposed use, rather than count it automatically as another legal bedroom.

Its relationship to the rest of the upper apartment also deserves attention. The staircase, room layout, and available storage will help determine whether the third floor would work best for recreation, hobbies, or another approved purpose.

Original Woodwork and Traditional Interior Character

Preserved original woodwork is one of the property’s most distinctive features. The listing highlights original wood trim throughout the interior, suggesting that a meaningful part of the building’s historic appearance remains visible.

Woodwork can help unify rooms and give an older home a sense of continuity. Its proportions and finish often influence how the surrounding space feels, making it an important consideration in any renovation plan.

Buyers interested in retaining these details should inspect their condition closely. Some areas may need cleaning or careful repairs, while others could require more involved restoration.

A measured approach allows necessary building work to be planned around features worth preserving. Protecting original trim during repairs may help retain the character that makes the property appealing in the first place.

Functioning Pocket Doors and Vintage Transom Windows

Classic pocket doors add another notable architectural element. The listing specifically describes them as functioning, which may make them useful for separating adjoining spaces while preserving a broad opening when desired.

Their actual operation should still be checked during a visit. Tracks, hardware, alignment, and surrounding trim can all affect how easily an older pocket door moves.

Vintage transom windows above the doorways contribute additional period character. They add visual interest and help distinguish the interior from a more recently constructed building.

The description does not confirm whether the transoms open or remain fixed. Either way, their condition matters. Buyers can examine the glazing, frames, and hardware to understand what maintenance might be needed.

Together, these features offer a clear direction for a restoration that respects the building’s existing appearance.

Oversized Rooms and High Ceilings

The combination of oversized rooms and high ceilings is central to the property’s interior appeal. These features can create a sense of openness and provide options for arranging living, dining, and sleeping areas.

Actual room measurements remain important. A large room may still present furniture-placement challenges if it has several doors, limited uninterrupted wall space, or unusual circulation patterns.

High ceilings also deserve consideration when planning maintenance and improvements. Painting, lighting work, and repairs may require equipment and labor suited to the room heights.

Buyers should look at these spaces as both architectural assets and practical parts of the building. Their usefulness will depend on condition, heating performance, and how well each room supports the intended household arrangement.

A careful tour can reveal where the existing layout works well and where modest changes might improve everyday comfort.

Separate Utilities and Reported Mechanical Equipment

The property overview states that all utilities are separate and identifies two furnaces and two hot water tanks. For a building described as two apartments, this is a significant detail to investigate.

Separate equipment may allow each unit to have its own heating and hot-water arrangement. However, the existence of two appliances does not establish their age, condition, efficiency, or whether they are currently operating.

Buyers should have the furnaces and water heaters inspected by qualified professionals. Service records, installation information, and visible equipment labels may help establish their history.

The claim that all utilities are separate should also be confirmed through meter arrangements and account information. It is worth determining which services are individually metered and whether any shared usage remains.

The structured heating field is nonspecific, so the equipment type and fuel source should be verified directly.

Understanding the Auction Offering

The advertised $10,000 amount is an attention-catching part of the listing, but the auction designation is essential context. The supplied information does not explain whether that figure represents an opening bid, a marketing amount, or another auction-related value.

Before making plans, buyers should obtain the complete auction terms. Those documents should explain registration, bidding procedures, required deposits, payment deadlines, closing arrangements, and any additional charges.

Although the listing uses the phrase “Absolute Auction,” bidders should read the controlling terms carefully and confirm how the auction will be conducted.

Inspection opportunities are particularly important. Buyers need to know what access is available before bidding and whether any contingencies apply to the transaction.

A sound evaluation begins with the full acquisition cost and contractual obligations. The displayed amount alone does not provide enough information to establish the total cost of purchasing the property.

Annual Property Taxes Need Clarification

The supplied listing presents two different annual tax figures. The narrative gives an itemized breakdown of $861 in school tax, $449 in Beaver Falls city tax, and $225 in Beaver County tax. Those amounts total $1,535.

Elsewhere, the financial details show an annual tax amount of $1,586. The listing also reports a tax-assessed value of $74,900.

Buyers should request the latest tax bills or verify the figures with the relevant offices. The difference may reflect timing or another record issue, but the supplied information does not explain it.

It is also important to distinguish the assessed value from the auction price and market value. These figures serve different purposes and should not be treated as interchangeable.

The parcel number appears in slightly different formats within the listing. Matching the address and parcel records will help ensure that all information relates to the same property.

Assessing Renovation Needs Before Planning Rental Use

The description promotes income potential once the property is updated and leased. However, no verified rental amounts, operating history, renovation budget, or current occupancy details are provided.

A buyer should first establish the building’s condition and the work needed for the intended use. Roofing, exterior surfaces, windows, plumbing, electrical systems, heating, and interior finishes all deserve inspection.

The detailed facts indicate no basement and no fireplace. Those fields should be checked against the actual building, particularly when locating utilities and evaluating access for repairs.

For potential rental use, buyers should also confirm the recognized apartment configuration and any applicable occupancy requirements. The bedroom-count discrepancy needs resolution before estimating how either unit could be marketed.

The property’s original details may support an appealing finished result, but appearance alone cannot establish the cost or feasibility of that outcome.

Evaluating the Rental Proposition with Verified Information

Two apartments can present several possible ownership arrangements, but this listing does not demonstrate a particular financial return. Its statement about cash-flow capability is a marketing claim that requires independent evaluation.

A useful assessment would begin with confirmed unit layouts and condition. From there, a prospective owner could investigate comparable rentals and obtain realistic estimates for repairs, insurance, utilities, maintenance, and other operating costs.

Vacancy and future replacement needs should also be considered. Two furnaces and two water heaters may support separate apartment service, but they also represent equipment that will require maintenance over time.

The listing field showing a lease amount of $0 does not establish whether the building is vacant, occupied without reported rent, or simply missing lease information. Buyers should request a clear occupancy statement and any existing lease documents.

A Character-Rich Property Requiring a Careful Review

At 1228 5th Avenue, the combination of original woodwork, functioning pocket doors, transom windows, high ceilings, and generously sized rooms gives this Beaver Falls building a distinctive identity. The described two-apartment layout and finished third-floor space add further points of interest.

The most important next step for a prospective buyer is to connect those appealing features with verified property information. Auction terms, legal unit configuration, bedroom counts, mechanical condition, and current taxes all affect how the opportunity should be understood.

For someone prepared to investigate an older multifamily building, the property offers substantial character to explore. Its suitability will depend on the confirmed condition, total acquisition cost, and the work required to support the buyer’s intended use.

 

 

Listed on Zillow.