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$240,000

128 S Chestnut St, Derry Boro, PA 15627

Active #1720959
New9/13
Derry BoroWestmoreland County
0.07 Acres
Turn-key investment in Derry Borough! Mixed-use property with 3 leased one-bedroom apartments and a retail storefront (grooming business). All units leased, producing $35,160 GAI with an approx. 8% cap rate at list price. Includes an adjacent vacant lot (50x120 ft) offering expansion, parking, or added value. Strong tenant base with updated leases in place. Convenient location near Route 982, minutes to Latrobe & Route 30. Great opportunity for investors seeking cash flow + upside. sale also includes adjacent vacant lot 06-01-14-0-018, 50 x 121 Unit A: $380/month Unit B: $825/month Unit C: $825/month Unit D: $825/month
Listed ByChuck Irvin(724) 420-5676
General Information
Business Name N/A
Business Type 3 One bedroom apartments and 1 retail sp
For Sale Building
Gross Annual Income 34260
Gross Operating Income 32547
Lot Size 0.0689
Taxes $1,960
Zoning Comm
Exterior Features
Access City
Construction Brick, Vinyl
Loading Dock No
Parking 4
Interior Features
Freight Elevator No
Utilities
Utilities Available Electricity, Sewer, Water

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Listed ByChuck Irvin(724) 420-5676

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