For Sale
$120,000

14 Hillcrest Ave Burgettstown, PA 15021

Two-unit apartment building, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional investment opportunity presents a two-unit apartment building located at 14 Hillcrest Ave, Burgettstown, PA 15021. Priced at $120,000, this property boasts a current gross annual rent of $189,000, representing an estimated 7.5% capitalization rate. However, with market rents potentially reaching $320,000 annually, a significantly higher capitalization rate of 12-13% is achievable. Each unit features one bedroom and one bathroom, offering spacious living areas, ample storage, and an open-concept design. In-unit laundry (washer and dryer) is a key tenant amenity. Separate utilities for each unit simplify management, and most tenants are responsible for their own utility costs. The property also includes abundant off-street parking and attractively landscaped grounds providing tenants with outdoor space. Conveniently situated on a main street, this well-maintained duplex is within walking distance of grocery stores and restaurants, and just minutes from the Pavillion at Star Lake. This property is part of a larger portfolio of nine properties currently for sale. Information regarding financing and property management is available upon request. This is a turnkey investment opportunity with immediate positive cash flow.

Highlights

  • $120,000 asking price for a two-unit apartment building.
  • Located at 14 Hillcrest Ave, Burgettstown, PA 15021.
  • 100% occupancy.
  • Separate utilities; most tenants pay all utilities.
  • In-unit washer/dryer.
  • Ample off-street parking and yard space.

Property Details for 14 Hillcrest Ave

Property type
Apartment buildings
Square Feet
1 SF
Units
2

Location Insight

City
Burgettstown
County
Washington
State
Pennsylvania
Latitude
40.381307
Longitude
-80.3906337

FAQs

What type of property is this?
Apartment building - Two-unit apartment building, 100% occupied.
Where is the apartment building located?
The property is located at 14 Hillcrest Ave Burgettstown, PA.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: $120,000 asking price for a two-unit apartment building.; Located at 14 Hillcrest Ave, Burgettstown, PA 15021.; 100% occupancy.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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14 Hillcrest Ave
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