Great investment opportunity with this 5 unit rental. 3 units are currently tenant-occupied, generating income from day one. Many improvements have been made to the units including new appliances, bath updates, painting, etc. All 5 units have updated electrical and are separately metered. The 2 vacant units still need finished before they are ready to market, once leased should increase monthly income by 50%. Tenants pay all utilities besides trash. Located on the Washington County Freedom Transit County Line Bus routes.
Current Cap Rate of almost 7%, potential cap rate fully leased at market rates is 11.25%
221 days
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207
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5
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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#: 1727127Originating MLS: West Penn Multi-List
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 5
Property
Lot
Size: 6,751 Square Feet
Dimensions: 0.155
Details
Parcel number: 3600080002000900
Zoning: C
Zoning description: C
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Condition
Year built: 1917
Utilities & green energy
Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available