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Invest in cash flowing apts with commercial space - "Double S Saloon" bar business & vacant parking lot. Income generated from real estate income is a 6.21% CAP rate not including bar income! Monthly real estate revenue totals - $5,140/mo = 1 bd apt-$750/mo, 2 bd apt-$650/mo, 3 bd apt(being renovated now)-$900/mo, Bar and Office-$2,800/mo, 2 parking spots-$60/mo. Bar includes restaurant liquor license w amusement/entertainment & Sunday sales permits + Skill Games & ATM revenue, CIAA Exception, tobacco & cigarette sales + all equipment & stock. Bar revenue from ATM, Skills Games, Alcohol and Food sales is additional revenue not in gross annual income state. This multi parcel real estate sale with bar business, liquor license & equipment, apt over commercial @ 610 Evans St, Duplex @ 608 Evans St & vacant lot @ 700 Evans St is to be sold together. Located across from UPMC Hospital on the East Suburbs of Pittsburgh,PA. Don't miss out on this cash cow investment opportunity!
| DAYS ON MARKET | 29 | LAST UPDATED | 4/4/2024 |
|---|---|---|---|
| YEAR BUILT | 1925 | COMMUNITY | McKeesport |
| COUNTY | Allegheny-East | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| School District | McKeesport Area |
|---|
| ADDITIONAL DETAILS | |
| AREA | McKeesport |
|---|---|
| BUYER'S BROKERAGE COMPENSATION | 2.5 |
| CONSTRUCTION | Brick, Other |
| LOT | 2666 sq ft |
| LOT DIMENSIONS | 0.0612 |
| PARKING | Off Street |
| TAXES | 5086 |
| UTILITIES | Electricity Available, Natural Gas Available, Other, Sewer Available, Water Available |
| ZONING | C-5 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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