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609 Allegheny Avenue

Glassport PA 15045

4
0.1 ac.
Duplex
Currently for sale - view listing

Overview

Fully Renovated 4-Unit multi-Plex | Cap Rate: 14.6% This turnkey 4-unit property was fully remodeled in May 2024, eliminating the headaches of deferred maintenance and positioning it as a high-yield investment. Tenants pay their own utilities. Recent Upgrades: New kitchens, Stoves, and Refrigerators; new full bathrooms; updated flooring throughout; new plumbing with PEX fixtures, shut-off valves, and new hot water tanks; new 90% efficient gas furnaces were installed in each unit; new sewer lines. Select units that have been upgraded with new windows and electrical panels. Investment Highlights: Cap Rate: 14.6% Strong cash flow with updated mechanicals and finishes Annual Leases, Low near-term maintenance risk due to extensive renovations, Multiple units were already modernized, making them attractive to quality tenants. This property combines IMMEDIATE INCOME with long-term stability, making it ideal for investors seeking both yield and reduced capital expenditure risk.

Features

4 carspaces
0.1 ac. lot size
Duplex

Happy sellers in Glassport

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We have insufficient information to provide an overview of customer satisfaction for Glassport. Viewing the agent profiles, reviews and sales for Glassport can provide insights for this location.

Local market activity for duplexes in Glassport

In the last 12 months, 7 duplexes similar to 609 Allegheny Avenue, have been sold.

This represents a 46% increase in duplexes sales when compared to the previous 12 months.

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