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216 E Pike StHouston, PA 15342

Washington County

$224,000List price
1917Year built
0.15Acre lot
6 months agoOn market

Description

Great investment opportunity with this 5 unit rental. 3 units are currently tenant-occupied, generating income from day one. Many improvements have been made to the units including new appliances, bath updates, painting, etc. All 5 units have updated electrical and are separately metered. The 2 vacant units still need finished before they are ready to market, once leased should increase monthly income by 50%. Tenants pay all utilities besides trash. Located on the Washington County Freedom Transit County Line Bus routes. Current Cap Rate of almost 7%, potential cap rate fully leased at market rates is 11.25%

Property Information

Property type
Commercial Sale
Sub-type
Apartment
Year built
1917
Lot size
0.15 acres
Lot dimensions
0.155
Zoning
C
Days on market
186
MLS® Listing#
1747070

Property Features

Utilities
Electricity Available · Natural Gas Available · Sewer Available · Water Available

Financial Details

Annual taxes
$4,082
Assessed value
$109,500

Directions

I-79 to Houston exit, S. Main St toward Houston. Right on E Pike St.

Listing Courtesy: HOWARD HANNA REAL ESTATE SERVICES - 4125617400

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Last Updated: 2026-04-06

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