About This Home

This 8-bedroom, 0-bathroom residential multi family at 323 Franklin St in Slippery Rock, PA is listed for $349,999. Built in 1900, on a 0.35 acres lot.

Key Features

  • Built in 1900
  • 0.35 acre lot

Property Details

1900
Listing Description

Turn-key college rental opportunity in the heart of Slippery Rock! This unique room-rental property has successfully operated for over a decade serving students attending Slippery Rock University. Located in a vibrant college town known for its walkable campus and strong student demand, this well-maintained property offers 8 individually rented bedrooms, each with different rental rates to maximize income potential.

Each private room is fully furnished with a bed, dresser, desk, storage shelving, and personal refrigerator, providing students with a comfortable and convenient living space. Tenants share common areas including a full kitchen, coin-operated laundry, and two full bathrooms.

The home also features auto-locking doors for added security and a cooperative household system where residents share chore responsibilities. Major mechanical updates include a newer high-efficiency furnace, updated hot water tank, and upgraded 200-amp electrical service, contributing to reliable and efficient operation.

Outdoor amenities include a large spacious backyard, perfect for spring and summer enjoyment, along with picnic tables and patio chairs where students can relax or study outdoors. The property also offers private off-street parking for tenants, a valuable feature in a busy college area.

Conveniently located near campus, local shops, dining, and community events that make Slippery Rock a thriving college town, conveniently across the street from Dollar General. This property presents a rare opportunity to own an established student housing investment with a long history of occupancy.

Monthly Cost Estimate

$1,872/mo

20% down · 6.5% · 30 years

Principal$253
Interest$1,517
Insurance$102

Estimates only. Actual payments may vary.

Location

323 Franklin St

Slippery Rock, PA 16057

Property Details

Construction

Frame

Parking

Off StreetAssigned

Questions & Answers

This 8-bedroom, 0-bathroom residential multi family at 323 Franklin St is listed at $349,999. The estimated monthly payment is $1,872 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.35 acre lot.

This property is listed by Francesca Ferrara.

FF

Francesca Ferrara

License AB069536

Agent at Castle Realty

Listed by Castle Realty · Broker phone: (724) 654-5589 · View on Broker Site · Broker website

MLS# 1742677· Source: West Penn Multi List, Inc.· 236 days on PropertySimple

Copyright © 2026 West Penn Multi List, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

323 Franklin St, Slippery Rock, PA 16057

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