Apartment Building, located in Pine Township, Armstrong County in the village of Templeton. This is a rural town with many community amenities. Property is located 1 block from the Allegheny River and the Armstrong trail. Community amenities include a public park, ballfield, basketball courts, playground, public boat ramp accessing the Allegheny River. Templeton is located 9 miles from Kittanning and State Routes 422 and State Route 28 to Pittsburgh. Building has 5 apartments with room for at least 2 more! There are 4, 3-bedroom apartments and one 4-bedroom apartment. Current rent is $650/month per unit. All apartments are in average to good condition. There is a laundry room for tenants. List price is $329,900 yielding a 10% cap rate. New roof restoration included, comes with 10 year warranty. 4 lots of the 9 are being sold. Selling part of map #072.05-01-55 Part of Deed Book 3967 Page 167.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
