14 Hillcrest AveBurgettstown, PA 15021

Property Details for 14 Hillcrest Ave

Property size (Sq ft)

1 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

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.

Location Insight

City

Burgettstown

County

Washington

State

Pennsylvania

Latitude

40.3813

Longitude

-80.3906

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