GlassportSouth Allegheny School DistrictAllegheny County
Fully Renovated 4-Unit multi-Plex , Cap Rate: 14.6% This turnkey 4-unit property was fully remodeled in May 2024, eliminating the headaches of deferred maintenance and positioning it as a high-yield investment. Tenants pay their own utilities. Recent Upgrades: New kitchens, Stoves, and Refrigerators; new full bathrooms; updated flooring throughout; new plumbing with PEX fixtures, shut-off valves, and new hot water tanks; new 90% efficient gas furnaces were installed in each unit; new sewer lines. Select units that have been upgraded with new windows and electrical panels. Investment Highlights: Cap Rate: 14.6% Strong cash flow with updated mechanicals and finishes Annual Leases, Low near-term maintenance risk due to extensive renovations, Multiple units were already modernized, making them attractive to quality tenants. This property combines IMMEDIATE INCOME with long-term stability, making it ideal for investors seeking both yield and reduced capital expenditure risk.
General Information
Gross Annual Income 53904
Lot Size 0.1033
Public Transportation
Taxes $3,636
Zoning comm
Exterior Features
Construction Frame
Parking On-Street Parking, 4
Roof Asphalt
Utilities
Utilities Available Electricity, Gas, Sewer, Water
Information Herein is Deemed Reliable but Not Guaranteed