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218 Smith Ave, Pt Allegany, PA, 16743

7beds
7baths
300sqft
$405,000
$1,350price/sqft
$2,970/moest. monthly cost
$118,800/yrincome needed

About This Home

Beautiful Victorian apartment house with 4 units on a spacious lot in the quaint town of Port Allegany, PA. House was fully remodeled in 2011 with top of the line finishes. Each unit has appliances with access to laundry rooms. The apartments have 2 bedrooms and 1 to 2 bathrooms except for the basement studio. There is plenty of room for parking in front and behind on the .54 acre lot. Its located in a lovely neighborhood, close to schools and downtown. You do not want to miss this investment opportunity, so call to see it today!

Getting Around

48
WalkingCar-Dependent
0
TransitVery Limited Transit
35
BikeSomewhat Bikeable

Schools

5/10
Port Allegany El SchoolGrades PK-60.7 mi

Construction

Condition

  • Year built: 1910

Materials

  • Foundation: Block,Stone
  • Roof: Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 7

Heating & Cooling

  • Heating features: Baseboard,Hot Water,Radiant
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 300
  • Total interior livable area: 300 sqft

Property

Features

  • Patio & porch: Covered

Lot

  • Lot size: 0.54 Acres
  • Features: In Town
  • Lot size dimensions: 186 x 126

Parking

  • Parking features: None
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Lightning
    LightningVery High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Landslide
    LandslideModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Winter Weather
Cold Wave
Landslide
Strong Wind

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,047$24,564
Home Insurance *$318$3,816
Property Taxes $381$4,572
Electricity $224$2,692
Total$2,970$35,640
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$101,828/yr
40% on housing$89,100/yr
45% on housing$79,200/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: -0.3%
-0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,350This listing

vs Other Active Listings

Avg $/sqft

ZIP 16743$146
McKean County$84

vs Homes Sold Last Month

Median $/sqft

ZIP 16743$96
McKean County$78

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-10-08Listed for sale$405,000
2024-09-30Listing removed$419,500
2024-06-27Price change$419,500
2024-04-02Listed for sale$420,000
2023-12-06Listing removed--
2023-06-01Price change$424,000
2023-03-22Price change$425,000
2022-12-08Listed for sale$450,000

For Sale by Agent

AgentGretchen Songster
BrokerageMountain Valley Realty - Coudersport

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