12-14 John AveBurgettstown, PA 15021
- Apartment buildings
- 1 SF
Property Details for 12-14 John Ave
- Property size (Sq ft)
- 1 SF
- Property type
- Apartment buildings
Description
This exceptional investment opportunity presents a four-unit apartment building situated at 12-14 John Ave, Burgettstown, PA 15021. The property consists of two buildings, offering a total of four units, each featuring one bedroom and one bathroom. All units boast spacious room sizes, in-unit washer/dryer hookups, and ample storage. Tenants enjoy separated utilities, with most responsible for their own payments. The property includes four off-street parking spaces and beautifully landscaped grounds providing tenants with outdoor space. Currently generating an estimated $189,000 in gross annual rent (approximately 7.5% cap rate), the property's market rent potential is significantly higher, estimated at $320,000 annually (12-13% cap rate). This prime location on a main street offers convenient access to grocery stores, restaurants, and the Pavillion at Star Lake. The property is currently 100% occupied, ensuring immediate positive cash flow for the new owner. Information regarding financing and property management is available upon request. This is one of nine properties currently available for sale.
Location Insight
- City
- Burgettstown
- County
- Washington
- State
- Pennsylvania
- Latitude
- 40.4206
- Longitude
- -80.4327
Comparable in this City
Similar Nearby for Sale
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