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$49,900

612 Pearson St New Castle, PA 16101

2 beds
1 full
1,149 sqft
0.07 acres
$43 / sqft
House

Property details

About 612 Pearson St

Introducing a rare opportunity to acquire occupied rental portfolio featuring seven single-family homes, each generating consistent rental income. This well-maintained package is ideal for investors seeking immediate cash flow with minimal upfront work. Key Highlights: 7 Single-Family Homes – All properties are in established neighborhoods with strong rental demand. Long-Term Tenants – Each home is currently leased to reliable, long-term tenants, ensuring stable income from day one. Well-Maintained – The portfolio has been carefully maintained throughout the years of ownership, with regular updates and preventative care. Strong Cash Flow – Solid rental history with predictable income makes this a high-performing investment opportunity. Hands-Off Investment – All systems are in place for a seamless transition to the next owner, whether you're an experienced investor or just entering the market.

Highlights

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
Size1,149 sqft
BasementYes
Lot size0.069 Acres
Year built1900
ParkingDetached, Garage, Off Street, On Street
MLS #1710475

Summary

  • Full Bathrooms: 1
  • Basement: Yes
  • Total Bedroom Count: 2
  • Attached Garage: No
  • Parking: Detached, Garage, Off Street, On Street
  • Architectural Style: Two Story
  • Heating: Forced Air, Natural Gas
  • List Price: $49,900
  • Price/SqFt: $43
  • Annual Tax Amount: $1,029
  • Tax Year: 2024
  • Directions: GPS
  • Year Built: 1900
  • Stories: 2
  • Living Area: 1,149 SqFt
  • Lot Size: 0.069 Acres
  • MLS Number: 1710475
  • MLS Name: WESTPENN
  • Office Name: Castle Realty
  • Office Phone: (724) 654-5589
  • Listing Agent: Francesca Ferrara

IDX 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: 7/23/2025, 9:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Apr 11, 2022
Home Sold
$25,000

Tax history

YearAssessmentProperty Tax
2024$23,800$1,029
2023$23,800$1,028
2021$23,900$1,014
2020$23,900$998
2019$23,900$974
2018$23,900$974
2017$23,900$952

History based on county public records data.

Nearby schools

4

George Washington Intermediate

Public District 3-6

1.6 mi

101 E Euclid Ave

7

Union Memorial Elementary School

Public District PK-6

1.9 mi

500 S Scotland Ln

6

Shenango Elementary School

Public District KG-6

2.1 mi

2501 Old Pittsburgh Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $19,962. Residents of New Castle, PA typically earn less than $<35k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

80%
<35k
16%
35k-100k
4%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Doctorate

What types of families live nearby?

46%
Single, No Kids
23%
Single, with Kids
17%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
8%
12-17 yrs old
22%
18-34 yrs old
41%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Golden CorralGolden Corral
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • ChevroletChevrolet
  • KiaKia
  • BuickBuick

What do the neighbors listen to?

  • RockRock
  • Adult StandardsAdult Standards
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 612 Pearson St

The listing price of 612 Pearson St property is $49,900.

The property 612 Pearson St is a house located in New Castle, Pennsylvania, 16101.

Active Listing: 612 Pearson St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 612 Pearson St are: George Washington Intermediate (GreatSchools Rating 4/10), Union Memorial Elementary School (GreatSchools Rating 7/10), Shenango Elementary School (GreatSchools Rating 6/10), New Castle Junior High School (GreatSchools Rating 4/10), Union Area Middle School (GreatSchools Rating 6/10), Laurel Middle School (GreatSchools Rating 5/10), New Castle Senior High School (GreatSchools Rating 3/10), Lawrence County Ctc (GreatSchools Rating 2/10), Union Memorial Middle / High School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2024 is $1,029 (source: MLS/based on county public records data).

The last sale was on April 11, 2022 for $25,000 (source: MLS/tax record).

The property at 612 Pearson St has 2 bedrooms and 1 bathroom.

The property 612 Pearson St is 1,149 SqFt (source: MLS/tax record).

The year of construction for 612 Pearson St is 1900.

This home is located at 612 Pearson St in New Castle, PA and zip code 16101. This 1,149 square foot home, which was built in 1900, sits on a 0.07 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 8, 2025 and is currently priced at $49,900.

In June 2025 more than 10 listings in New Castle, PA were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 24 were sold below. The inventory of homes for sale in New Castle, PA between May and June 2025 increased by 3%. In June 2025, listings were on the market for 70 days. During the same period, the median list price in this real estate market was $140,000.

From Rocket Homes Real Estate and based on county public records data.

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