609 Allegheny Ave, Glassport, PA 15045 (MLS # 1719801)

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PRICE $369,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 4,500 sqft

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
YEAR BUILT 1916 COMMUNITY Glassport
COUNTY Allegheny-East STATUS Active
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AREA Glassport
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
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TOTAL MONTHLY PAYMENT

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