$470,000
$585,000
19.7%For more information regarding the value of a property, please contact us for a free consultation.
4,281 Sqft Lot
SOLD DATE : 11/22/2024
Key Details
Sold Price $470,000
Property Type Commercial
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1665591
Sold Date 11/22/24
Originating Board WESTPENN
Annual Tax Amount $5,598
Lot Size 4,281 Sqft
Acres 0.0983
Lot Dimensions 0.0983
Property Description
Fantastic investment opportunity with this 8-unit apartment building, strategically located for steady income generation. Each unit offers its own unique charm, with most having undergone renovations over the years. Units are currently leased, ensuring immediate income for the new owner. One unit is in the process of being renovated. Long-term tenants contribute to the stability of this property, offering peace of mind and consistent cash flow. The fire escape was replaced in 2023, meeting modern safety standards. Hot water tank was replaced in 2023 and unit tanks replaced when renovated. Left Main Stack replaced 2024. Tenants are responsible for paying electric - all separate meters. All rents listed include $75 utility fee for water/gas. This property is perfect for investors looking for a reliable, income-producing asset with room for further value appreciation. Don’t miss this opportunity to own a piece of prime real estate with a strong rental history.
Location
State PA
County Allegheny-northwest
Area Coraopolis
Zoning Com
Exterior
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Building
Structure Type Brick
Others
Financing Cash
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