For Sale $525,000
Clairton
Calling all investors! This fully rented 5-unit apartment building in Clairton boasts an 8% CAP rate. Currently rented through HUD producing guaranteed rental income. Invest in this income-producing property individually or as part of a portfolio with 2 additional properties also for sale. All properties are fully occupied and cash flowing. Additional portfolio properties: 531 Independence Dr., & 809 Miller Ave.
Owner's P & L Gross Annual Income: $69,480 Vacancy Percentage: 0 Net Operation Income: $41,441 Estimate Annual Taxes: $2,623 |
Aproximate Lot Size 0.1515 Status Active |
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Units Available: 5
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Contrary to media reports, home values in Pittsburgh are steady - far above the national average. In fact, locally our average sales price has increased over last year. If your are thinking of selling your home there is really no better time and no better place than Western Pennsylvania.
We would be happy to show you what your home is worth in today's market.