#1690502, John R. Sergeant, Listing office: Howard Hanna Real Estate Services
Property details
About 340 Park Rd
This remodeled, turnkey investment property is fully rented and offers a great cap rate with steady cash flow. It features two, two-bedroom units, each rented for $1,000 plus all utilities (gas, electric, water, and sewer), along with a bonus garage renting for $100. All tenants are long-term and solid. The owner has updated the mechanics and the units, so there’s nothing left for you to do except collect the rent in this growing Ambridge community. Great cap rate.
Highlights
Home typeDuplex
StatusActive
BasementYes
Lot size0.05 Acres
Year built1900
ParkingDetached, Garage
MLS #1689599
Virtual tour
Summary
- Basement: Yes
- Attached Garage: No
- Parking: Detached, Garage
- List Price: $200,000
- Annual Tax Amount: $5,365
- Tax Year: 2024
- Directions: Park
- Year Built: 1900
- Lot Size: 0.05 Acres
- MLS Number: 1689599
- MLS Name: WESTPENN
- Office Name: Re/Max Select Realty
- Office Phone: (724) 933-6300
- Listing Agent: Susan Kaczorek
The multiple listing information is provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. IDX info provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change, or withdrawal. Listings displaying the IDX logo belong to brokers other than this broker. Neither the listing broker(s) nor this broker or the MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
Copyright © 2025 West Penn Multi-List, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/28/2025, 3:45:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $57,300 | $5,365 |
| 2023 | $20,800 | $2,994 |
| 2022 | $20,800 | $2,994 |
| 2021 | $20,800 | $2,994 |
| 2020 | $20,800 | $2,952 |
| 2019 | $20,800 | $2,907 |
| 2018 | $20,800 | $2,907 |
| 2017 | $20,800 | $2,907 |
History based on county public records data.
Nearby schools
6
Highland Elementary School
Public District PK-5
1.0 mi
•1101 Highland Ave
7
Margaret Ross Elementary School
Public District KG-4
1.9 mi
•1955 Maratta Rd
8
Bon Meade Elementary
Public District KG-4
2.6 mi
•1595 Brodhead Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $25,556. Most Ambridge, PA residents have annual incomes less than $<35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
66%
<35k
29%
35k-100k
5%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
52%
Single, No Kids
17%
Single, with Kids
18%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
8%
12-17 yrs old
21%
18-34 yrs old
40%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
NHRA Drag Racing
Soccer
Where do the neighbors shop?
Family Dollar
Big Lots
Burlington
Where do the neighbors go to eat?
White Castle
Golden Corral
Popeyes
What do the neighbors drive?
Chevrolet
Kia
Dodge
What do the neighbors listen to?
Rock
Adult Standards
Urban Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 340 Park Rd
The listing price of 340 Park Rd property is $200,000.
The property 340 Park Rd is a multi located in Ambridge, Pennsylvania, 15003.
Active Listing: 340 Park Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 340 Park Rd are: Highland Elementary School (GreatSchools Rating 6/10), Margaret Ross Elementary School (GreatSchools Rating 7/10), Bon Meade Elementary (GreatSchools Rating 8/10), Hopewell Jr High School (GreatSchools Rating 6/10), Quaker Valley Middle School (GreatSchools Rating 8/10), Moon Area Upper Middle School (GreatSchools Rating 8/10), Ambridge Area High School (GreatSchools Rating 3/10), Hopewell Sr High School (GreatSchools Rating 6/10), Quaker Valley High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2024 is $5,365 (source: MLS/based on county public records data).
The year of construction for 340 Park Rd is 1900.
This home is located at 340 Park Rd in Ambridge, PA and zip code 15003. Features: 0 bathroom. It has been listed on Rocket Homes since February 26, 2025 and is currently priced at $200,000.
Ambridge, PA housing market in June 2025 saw over 1 listings sold above listed price, more than 3 sold at listed price and over 5 sold below. The number of listings in Ambridge, PA increased by 23.3% between May and June 2025. Listings spent 60 days on the market in June 2025, and had a median list price of $149,900 during the same period.
From Rocket Homes Real Estate and based on county public records data.