1162-1168 Dohrman StMcKees Rocks, PA 15136

Property Details for 1162-1168 Dohrman St

Lot size

0.24 AC

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This well-maintained, eight-unit apartment building presents a compelling investment opportunity in McKees Rocks, Pennsylvania. Located at 1162-1168 Dohrman Street, this Class C property boasts eight two-bedroom townhome units, each featuring its own basement laundry hookups. Recent improvements include new PEX plumbing throughout, new sewer laterals, and updated back concrete patios. The lower roofs were also replaced in 2021. The building itself is all brick with vinyl windows, gas stoves, and gas hot water heaters. Tenants are responsible for all utilities, contributing to a strong cash flow. The property sits on a 0.238-acre lot (APN: 72-B-168) and offers a 10% capitalization rate based on a Net Operating Income (NOI) of $47,507, with an asking price of $475,000 ($59,375 per unit). Situated in a revitalizing area just five miles northeast of Downtown Pittsburgh, this property benefits from a large business district, an emerging arts and entertainment scene, and ongoing industrial riverfront development. This turnkey investment offers significant upside potential in a rapidly growing market. The property's strong cash flow and recent upgrades make it an attractive option for investors seeking a stable and appreciating asset.

Location Insight

City

McKees Rocks

County

Allegheny

State

Pennsylvania

Latitude

40.4706

Longitude

-80.0763

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].