Very good, returning multi in East McKeesport.
Large detached garage in rear of parcel w/electric+gas:
- Taxes low!!
- Electric & plumbing updated
- Kitchens/baths need updating
- Good roof
- Multilevel deck
- Shed
- Central heat
- Storefront included in one of the units!
- 1 younger furnace & hot water tank and the rest work well
- Laminate floors throughout property
- Remodeled circa 2013
- Siding replaced 2010
- Separate utilities
- Bus stops proximate
- Walkable to restaurants, churches, etc.
- Has a 16’x9’ storage room
Upon further updates, likely looking at $750 for the 1BRs & $1,000+ for the 2BR, perhaps around a 20% CAP.
Lots of options; large returns no matter how you choose to swing it.
Plenty to do in the area.
- Taxes: $1,644
- Electric: Updated
- Plumbing: Updated
- Kitchen: Needs updating (3)
- Bath: Needs updating (3)
- Roof: 15 yrs old
- Furnace: (1) 8 yrs old; (1) 30+ yrs old
- Hot Water Tank: (1) 6 yrs old; (2) 8 yrs old
- Windows: Double-paned
- (1) 2 BR/1 BA; (2) 1 BR/1 BA; (1) store
- Floors: 2.5
- Parking: 2-car detached garage
- Rental Potential: $2,525/mo TOTAL