121 N Locust St

    Ambridge, PA 15003
    • $1,175,000
    • STATUS: Active Under Contract
    • ON SITE: 362 days
    • MLS #: 1338408
    UPDATED: 50 min ago
    $1,175,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1962
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    Take advantage of this rare opportunity to acquire a 26 unit building! This well built property is constructed with a mix of 2 and 3 bedroom units, 2 laundry rooms, storage units, and common parking lot. The owner has renovated units over the last few years and all but one have been updated. Tenants pay their own electric. Owner pays gas, water, sewage, and trash. Boiler system heats entire building. Coin-operated laundry units not leased, they convey with building. Must see to appreciate how solidly constructed this property is. Ideal opportunity to buy a truly turnkey apartment building.

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    © 2019 West Penn Multi-List, Inc. All Rights Reserved. INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2019-05-19T10:45:36.527.
    www.searchallpittsburghrealestate.com/homes/83791676

    121 N Locust St Ambridge, PA 15003

    • Price: $1,175,000
    • Status: Active Under Contract
    • Updated: 50 min ago
    • MLS #: 1338408
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1962
    Built
    County:
    Beaver
    Area:
    Ambridge
    School District:
    Ambridge
    Property Description
    Take advantage of this rare opportunity to acquire a 26 unit building! This well built property is constructed with a mix of 2 and 3 bedroom units, 2 laundry rooms, storage units, and common parking lot. The owner has renovated units over the last few years and all but one have been updated. Tenants pay their own electric. Owner pays gas, water, sewage, and trash. Boiler system heats entire building. Coin-operated laundry units not leased, they convey with building. Must see to appreciate how solidly constructed this property is. Ideal opportunity to buy a truly turnkey apartment building.
    Exterior Features

    Construction Materials BrickConcrete Lot Size Dimensions 0.8 Parking Features Common Roof Composition

    Property Features

    Gross Income 209300 Insurance Expense 3500 Maintenance Expense 10215 Net Operating Income 110381 Number Of Units In Community 26 Parking General/Common Area Parking Total 20 Tax Annual Amount 17595 Tax Assessed Value 128450 Utilities Electricity AvailableNatural Gas AvailableSewer AvailableWater Available Zoning Description C

    Courtesy of River Point Realty, Llc. © 2019 West Penn Multi-List, Inc. All Rights Reserved. Information Deemed Reliable But Not Guaranteed.


    © 2019 West Penn Multi-List, Inc. All Rights Reserved. INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2019-05-19T10:45:36.527.
     
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