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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.
DAYS ON MARKET | 3 | LAST UPDATED | 9/5/2025 |
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YEAR BUILT | 1916 | COMMUNITY | Glassport |
COUNTY | Allegheny-East | STATUS | Active |
PROPERTY TYPE(S) | Multi Family |
ADDITIONAL DETAILS | |
AREA | Glassport |
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BASEMENT | Unfinished, Yes |
CONSTRUCTION | Frame |
LOT | 4500 sq ft |
LOT DIMENSIONS | 0.1033 |
PARKING | On Street |
STYLE | Fourplex |
TAXES | 3636 |
UTILITIES | Electricity Available, Natural Gas Available, Sewer Available, Water Available |
ZONING | comm |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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