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Property view

121 Locust Street, 
Ambridge, PA 15003

$1,700,000


Bed


Bath


-

Sq Ft


Multi-Family

Sold

Listed by

Mark Gulla

Bought with RE/MAX SELECT REALTY

RE/MAX Select Realty

MLS#

1739462

Source:

PA WPN

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About This Home

121 Locust Street

Properties like this do not come around often. Exceptional opportunity to acquire a well-maintained 26-unit multifamily building offering immediate income and long-term stability. This solid 100% all-brick property features a desirable unit mix of spacious 2- and 3-bedroom apartments, attracting strong tenant demand and consistent occupancy. The property has been thoughtfully updated, with many units renovated to include modern finishes, updated kitchens and baths, new flooring and improved mechanical systems if needed. The building has been professionally maintained and cared for, resulting in a true turnkey investment with reliable performance. Tenants appreciate the larger floor plans, making the property especially attractive to long-term renters and families — a major factor in minimizing turnover and vacancy. The building is divided in two - both 111 & 121 have 13 units, a laundry room with coin-op for additional income, storage lockers, maintenance rooms. There is a playground and yard space are in the back and plenty of off-street parking out front. Perfect property to acquire to add 26 doors to that portfolio in the emerging market of Ambridge where we are seeing revitalization up and down the town!

Home Facts

Multi-Family

Built in 1962

Price Summary

1,750,000

MLS #:

1739462

Sold:

March 26, 2026


Structure

Structure

Year Built:

1962


Lot

Lot Size (Sq. Ft):

34,848


Finances & Disclosures

Finances

Price:

$1,750,000

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Last Updated April 28, 2026. Information deemed reliable but not guaranteed. Information is 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.