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26876329
26876325

609 Allegheny Ave, Glassport, PA 15045

JC
PA RS323132
Integrity Plus Realty
Listed by Integrity Plus Realty
$369,000
226 days on market
Updated 105 days ago
Opportunity zone

609 Allegheny Ave

Details
Property Type Multifamily
Sub Type Apartment Building, Quadruplex
Units 4
Class B

Multifamily Quad Plex

Marketing description

ully 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.

Investment highlights

  • New kitchens

  • New Stoves and Refrigerators

  • New full bathrooms

  • New 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

    • Cap Rate: 14.6% Strong cash flow with updated mechanicals and finishes

Listing Contacts

JC
PA RS323132
Integrity Plus Realty
Listed by Integrity Plus Realty

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Additional Information

Name
john curry
License
RS323132
Brokerage
Integrity Plus Realty
Brokerage Phone
4125670000
Title
Realtor
Brokerage Address
430 Pellis Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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