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1402 4th Ave

Coraopolis, PA 15108
  • $585,000
  • STATUS: Contingent
  • ON SITE: 71 Days
  • MLS #: 1665591
UPDATED: 3 min ago
$585,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Area:

School Ratings & Info

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. Dont miss this opportunity to own a piece of prime real estate with a strong rental history.

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© 2024 West Penn Multi-List, Inc. All Rights Reserved. INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-10-12T14:54:01.007.
www.keystonerealestate.net/homes/153182825
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1402 4th Ave Coraopolis, PA 15108

  • Price: $585,000
  • Status: Contingent
  • On Site: 71 Days
  • Updated: 3 min ago
  • MLS #: 1665591
0
Beds
0
Baths
0
½ Baths
0.1
Acres
County:
Allegheny-Northwest
Area:
Coraopolis
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. Dont miss this opportunity to own a piece of prime real estate with a strong rental history.
Exterior Features

Construction Materials Brick Lot Size Dimensions 0.0983

Property Features

Gross Income 83400 Insurance Expense 3500 Net Operating Income 57800 Property Sub Type Apartment Property Sub Type Additional Apartment Tax Annual Amount 5598 Tax Assessed Value 130300 Utilities Electricity AvailableNatural Gas AvailableSewer AvailableWater Available Zoning Com Zoning Description Com

Courtesy of RE/MAX SELECT REALTY: 724-933-6300. © 2024 West Penn Multi-List, Inc. All Rights Reserved. Information Deemed Reliable But Not Guaranteed.


© 2024 West Penn Multi-List, Inc. All Rights Reserved. INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-10-12T14:54:01.007.
 
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