c.1900 Pennsylvania Handyman Special Second Empire For Sale Under $55K

$54,900

Holy moly! This Pennsylvania handyman special Second Empire for sale has 11 bedrooms and five bathrooms! That’s even more than enough for my own family of nine. The interior of this 3,475-sf home has largely been updated, but some hardwood floors, archways and stained glass are still intact.

Zillow Comments

What an opportunity! Formerly an apartment building with up to five units, this property is currently set up as a single family home with 11 bedrooms and 5 baths. This property is full of character and charm, and there is no shortage of space. With some work and TLC, this home could be brought back to its former glory either as an income producing apartment building or a single family residence. Don’t miss out on this unique opportunity.

11bd
5ba
3,475sqft
5,662sqft lot
Circa 1900

101 E 3rd St, Oil City, PA 16301 $54,900

If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.

Location of This Pennsylvania Handyman Special Second Empire

Oil City, Pennsylvania, has a rich history and a unique character. Here are some pros and cons of living in or visiting Oil City:

Pros:

Historical Significance: Oil City played a crucial role in the oil boom of the late 19th century. The town is steeped in history, with several historical buildings and museums that highlight its industrial past.
Affordable Housing: Housing prices in Oil City tend to be lower than the national average, making it an affordable option for those looking to buy or rent.
Natural Beauty: The city is located near the Allegheny River and has access to outdoor recreational activities such as fishing, hiking, and kayaking. The surrounding landscape offers beautiful views, especially in the fall.
Community Events: Oil City hosts various local events and festivals throughout the year, fostering a sense of community and providing entertainment for residents.
Small-Town Charm: The city has a friendly, small-town atmosphere where residents often know their neighbors, creating a tight-knit community.

Cons:

Economic Challenges: Like many small towns, Oil City has faced economic difficulties and job losses, particularly in the oil and manufacturing sectors, which can affect the local economy.
Limited Job Opportunities: Employment options may be limited, especially for specialized fields, leading some residents to commute to nearby cities for work.
Aging Infrastructure: Some areas of Oil City may have older infrastructure that requires maintenance or updates, which can impact residents’ quality of life.
Weather: Winters can be harsh in Pennsylvania, with cold temperatures and significant snowfall, which may not be ideal for everyone.
Limited Amenities: While Oil City has basic amenities, options for shopping, dining, and entertainment may be limited compared to larger cities, which can be a downside for some residents.

Overall, Oil City offers a mix of historical charm and community spirit, but potential residents should consider the economic landscape and available amenities when making their decision.

Family History

In the 1940s, Walter Renninger (1895-1949) lived in this home with his wife Bernice. Walter was a World War I veteran, formerly owner of an Oil City service center, and then a toolmaker.