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607-609 1/2 Allegheny Ave Sq, Glassport, PA 15045

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Listing Type
Multi Family
Listing Status
Off Market
0
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Transportation
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$369,000

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Home Details for 607-609 1/2 Allegheny Ave Sq
Price
$369,000
Type
Multi Family
Year Build
1916
Lot Size
0.1033
County
Allegheny-East
Basement
Unfinished
Tax
$3,636
MLS®️ Listing#
1719801
On exitrealty.com
140 days
Property Description
Fully Renovated 4-Unit multi-Plex | Cap Rate: 14.6% This turnkey 4-unit property was fully remodeled in May 2024, eliminating the headaches of deferred maintenance and positioning it as a high-yield investment. Tenants pay their own utilities. Recent Upgrades: New kitchens, Stoves, and Refrigerators; new full bathrooms; updated flooring throughout; new plumbing with PEX fixtures, shut-off valves, and new hot water tanks; new 90% efficient gas furnaces were installed in each unit; new sewer lines. Select units that have been upgraded with new windows and electrical panels. Investment Highlights: Cap Rate: 14.6% Strong cash flow with updated mechanicals and finishes Annual Leases, Low near-term maintenance risk due to extensive renovations, Multiple units were already modernized, making them attractive to quality tenants. This property combines IMMEDIATE INCOME with long-term stability, making it ideal for investors seeking both yield and reduced capital expenditure risk.
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Listing Courtesy: INTEGRITY PLUS REALTY - 724-420-5676
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Last Updated: 2026-01-22 22:30:57
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$369,000

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