Listed by eXp Realty Bridgeville
$242,500
MH Quadplex
Details
APN 72-G-122
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,478
Units 4
Cap Rate 9.83%
NOI $23,834
Occupancy 100%
Tenancy Multi
Rent Bumps Yes
Price per SqFt $98
Class B
Year Built 1920
Year Renovated 2018
Buildings 1
Stories 2
Acreage 0.070
Zoning MUL
Parking Spaces 2 spaces
Parking per 1,000 SqFt 0.81
Multifamily | 4 Units | $60,625/unit
Marketing description
Mike Vieira with eXp Realty is pleased to present the exclusive opportunity to acquire 1210 Holmes St, a 4 Unit Multi-Family building, all 1 bedroom and 1 bathroom units. Located in Mckees Rocks, PA just outside the city of Pittsburgh, PA. Solid Brick with all separete utilities (Gas, Water/Sewer, and Electric). The property is poised for profitibality with historically low vacancy rates throughout the owners tenure. All units are currently rented.
Investment highlights
- Each Unit Has Separate Water, Gas, and Electric Meters. Providing Organization, Mitigated Operating Expenses, and Increased Profitabilty for the Owner
- Each Unit Has It's Own Lennox Furnace, Water Heater, and Electric Panel. All Located in the Basement Providing Ease of Access for Servicing.
- Roof Installed 2018 and Recoated 2024
- Pex Water Lines
- New Gas LINE Installed 2024.
- Laundry Hookups Present in Basment if the New Owner Would Like to Install Coin-op Laundry for Additional Income and Tenant Convenience.
- 2 Front Units Have Enclosed Front Porch/Sunroom and the 2 Back Units Have Covered Porch. Deco Fireplaces in Each Unit.
- Storage Closet for Each Unit in the Basement. There is a 5th Closet for Owner Use to Store Maintenance Equpimnet.
Listing Contacts
Listed by eXp Realty Bridgeville
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$23,834.00
$1,986.17/mo
Valuation Metrics
0
DSCR
9.83%
Cap Rate
9.83%
ROI
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