GREAT INCOME GENERATING INVESTMENT OPPORTUNITY IN THE HEART OF WASHINGTON. This 9 unit building has a current annual NOI of $29,304, a 6% Cap Rate. 7 of the 9 units are currently occupied, with 3 of those units below market rates. Improvements include 3 completely renovated units, roof repairs, water heaters for all units, multiple new appliances throughout the units. Each unit is separately metered for electric. The potential for the building Fully Leased at Market Rates is close to 12% Cap Rate! Located on the Washington County Local Transit Bus Routes.
177 days
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68
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1
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Zillow last checked:
Listing updated:
Listed by:
Melissa Palmer412-561-7400,
HOWARD HANNA REAL ESTATE SERVICES412-561-7400
Source: WPMLS,MLS#: 1727124Originating MLS: West Penn Multi-List
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 7
Bathrooms: 9
Property
Parking
Parking features: Off Street
Lot
Size: 0.26 Acres
Dimensions: 0.259
Details
Zoning: C
Zoning description: C
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Condition
Year built: 1900
Utilities & green energy
Utilities for property: Electricity Available, Sewer Available, Water Available
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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