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33549352
33549351

529 Birch Street, New Kensington, PA 15068

DP
PA RS296752
Allegheny Multifamily
Listed by Allegheny Multifamily
$410,000
19 days on market
Updated 19 days ago

529 Birch Street

Details
APN 24-04-09-0-064
Property Type Multifamily
Sub Type Apartment Building
Units 5
Cap Rate 8.60%
NOI $35,267
Occupancy 100%
Tenancy Multi
Class C
Buildings 1
Stories 2
Acreage 0.300
Investment Type Stabilized

Townhomes! Very Well-Maintained. Upside.

Marketing description

529 Birch Street offers investors the opportunity to acquire 5 very well-maintained two bedroom, one bath townhomes units in the Pittsburgh suburb of New Kensington. All units have laundry hookups and dishwashers. Each unit also has a back patio. 529 Birch is an all electric property with the tenants paying electric (heat), water and sewer.

Nestled along the Allegheny River just 18 miles northeast of Pittsburgh, New Kensington offers the best of both worlds—a quick under-30-minute drive down PA-28 puts you in the heart of downtown Pittsburgh, while "New Ken" itself delivers a tight-knit riverfront community with tree-lined streets, more affordable home values, and a charming hometown feel. With ongoing downtown revitalization and easy access to parks, the river, and nearby suburbs, it's an ideal place to call home without sacrificing access to everything the city has to offer.

With tenant-paid utilities, in-unit laundry, and well-maintained condition across all five townhomes, 529 Birch Street is a stable, income-producing addition to any portfolio—offering stable cash flow in a growing suburban market just minutes from Pittsburgh.

Investment highlights

  • 5 very well-maintained two bedroom, one bath townhomes units
  • All units have laundry hookups and dishwashers
  • Each unit has a back patio
  • All electric property with tenants paying electric (heat), water and sewer
  • Quick under-30-minute drive to downtown Pittsburgh
  • Tight-knit riverfront community with tree-lined streets
  • Ongoing downtown revitalization
  • Tenant-paid utilities
  • Stable, income-producing addition to any portfolio
  • Stable cash flow in a growing suburban market

Listing Contacts

DP
PA RS296752
Allegheny Multifamily
Listed by Allegheny Multifamily

Valuation Calculator

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$35,267.00
$2,938.92/mo

Valuation Metrics

0
DSCR
8.6%
Cap Rate
8.6%
ROI

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Additional Information

Name
David Poluszejko
License
RS296752
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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