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28668087
28668086

598 Maplewood Ave, Ambridge, PA 15003

EP
PA RS369406
Engel & Völkers Sewickley
Listed by Engel & Völkers Sewickley
$305,000
190 days on market
Updated 55 days ago

Ambridge 6 Unit

Details
Property Type Multifamily
Sub Type Apartment Building
Units 6
Cap Rate 11.48%
NOI $35,000
Occupancy 84%
Pro-Forma Cap Rate 16%
Pro-Forma NOI $48,800
Class C
Buildings 2
Zoning Residential
Investment Type Value Add
Sale Condition For sale by owner

Multifamily | 6 Units | $50,833/unit

Marketing description

Two Triplexes | Six Units | Ambridge, PA
Asking: $324,000

Stable cash-flowing 6-unit with new roofs (2023), updated HVAC, and below-market rents. Cosmetically renovate the property for increased rents or buy and hold for immediate cashflow.

Strong tenant demand and straightforward reposition upside.

Rent roll, financials, and access available upon request.

Investment highlights

• Two triplexes on one parcel
• One vacancy projected to lease at $790/mo
• New roofs installed in 2023
• All HVAC systems approximately 10 years old
• Stable income with below-market rents
• Clear value-add opportunity through cosmetic updates
• Strong rental demand in the Ambridge/Sewickley corridor

  • Separate Utilities

Listing Contacts

EP
PA RS369406
Engel & Völkers Sewickley
Listed by Engel & Völkers Sewickley

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$35,000.00
$2,916.67/mo

Valuation Metrics

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DSCR
11.48%
Cap Rate
11.48%
ROI

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Additional Information

Name
Elias Pappan
License
RS369406
Brokerage
Engel & Volkers Pittsburgh
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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