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615 5th Street Ext.

New Kensington, PA 15068
  • $475,000
  • STATUS: Contingent
  • ON SITE: 43 Days
  • MLS #: 1580675
UPDATED: 77 min ago
$475,000
  • 0
    BEDS
  • 0.36
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

School District:

Description

9 unit apartment building with parking lot for up to 11 cars, with the potential to add one or two more units to an unfinished 4th floor. laundry facilities are on the first floor 2 Washers and 2 dryers are under contract with Pittsburgh laundry and generate between $100-$150 per month, Rents range from $715 to $770 depending on tenant longevity. The Last four units rented are paying $750 plus electric. Electric is separated by unit. Building has a very low vacancy rate and currently has a waiting list. Unit 1 is currently unoccupied, only because a long term tenant left and the unit is getting new floors and paint. Boiler and two hot water tanks were installed in 2016.

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© 2022 West Penn Multi-List, Inc. All Rights Reserved. INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-11-30T11:45:55.267.
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615 5th Street Ext. New Kensington, PA 15068

  • Price: $475,000
  • Status: Contingent
  • On Site: 43 Days
  • Updated: 77 min ago
  • MLS #: 1580675
0
Beds
0
Baths
0
½ Baths
0.36
Acres
1900
Built
County:
Westmoreland
Area:
New Kensington
School District:
New Kensington/Arnold
Property Description
9 unit apartment building with parking lot for up to 11 cars, with the potential to add one or two more units to an unfinished 4th floor. laundry facilities are on the first floor 2 Washers and 2 dryers are under contract with Pittsburgh laundry and generate between $100-$150 per month, Rents range from $715 to $770 depending on tenant longevity. The Last four units rented are paying $750 plus electric. Electric is separated by unit. Building has a very low vacancy rate and currently has a waiting list. Unit 1 is currently unoccupied, only because a long term tenant left and the unit is getting new floors and paint. Boiler and two hot water tanks were installed in 2016.
Exterior Features

Lot Size Dimensions 0.3634 Parking Features Off Street Roof Composition

Interior Features

Basement Full Basement YN Yes

Property Features

Community Features Public Transportation Gross Income 81200 Insurance Expense 3000 Maintenance Expense 4000 Net Operating Income 51546 Number Of Units In Community 9 Parking Total 11 Property Sub Type Other Property Sub Type Additional Other Tax Annual Amount 6554 Tax Assessed Value 45170 Utilities Electricity AvailableNatural Gas AvailableSewer AvailableWater Available Zoning R3 Zoning Description R3

Courtesy of Howard Hanna Real Estate Services: 412-361-4000. © 2022 West Penn Multi-List, Inc. All Rights Reserved. Information Deemed Reliable But Not Guaranteed.


© 2022 West Penn Multi-List, Inc. All Rights Reserved. INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-11-30T11:45:55.267.
 
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