525-527 5th Ave Altoona, PA 16601
Property details
About 525-527 5th Ave
Spacious, Income-Generating Duplex with Outstanding Potential! This brick duplex offers a fantastic investment opportunity in Altoona. The property has a current rent certificate with the city. The property features two distinct units: Unit 1: A project-ready space with renovation potential to meet your vision. Originally a 5-bedroom, 1-bath home with solid structure, this side has ''good bones'' and partial gutting already initiated. Ideal for creating two separate units, unlocking further income potential. Unit 2: A large, well-maintained home featuring 4 bedrooms with generous proportions, 1 bath, and ample living areas including a dining room, living room, and substantial basement. Recent updates include a brand-new roof, newly installed blacktop, fresh carpet (not shown in photos), and a completely updated kitchen with new tile flooring. With no yard to maintain, upkeep is a breeze, and the property is primed for income generation. Zoned with potential to convert into four units, this duplex provides an unmatched opportunity for savvy investors or owner-occupants looking to add value. Agent has a financial interest in the sale of this property. Schedule your showing today to explore all this property has to offer
Highlights
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Summary
- MLS Number: 77045
- MLS Name: AlleghenyHighland
- Office Name: Perry Wellington Realty, LLC
- Office Phone: (814) 695-5323
Listing information provided in part by the Allegheny Highland Association of Realtors MLS for personal, non-commercial use. No Data may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © 2025 Allegheny Highland Association of Realtors MLS. 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: 4/15/2025, 11:16:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$85,000
525-527 5th Ave
$1,009
closing credit¹
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Price information
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Nearby schools
6
Mowrie a Ebner Elementary School
Public District KG-5
1.3 mi
•308 Hillside Ave
8
Baker Elementary School
Public District KG-5
1.6 mi
•108 W Ward Ave
7
Pleasant Valley Elementary School
Public District KG-5
2.2 mi
•310 Cayuga Ave
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 $31,579. Most Altoona, PA residents have annual incomes less than $<35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
This home is located at 525-527 5th Ave in Altoona, PA and zip code 16602. This 4,050 square foot home, which was built in 1900, sits on a 0.03 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since April 7, 2025 and is currently priced at $85,000.
Altoona, PA housing market in March 2025 saw over 3 listings sold above listed price, more than 2 sold at listed price and over 17 sold below. The number of homes for sale in Altoona, PA decreased by 1.9% between February and March 2025. Listings spent 70 days on the market in March 2025, and had a median list price of $134,983 during the same period.