[Duplex] 1215 Louise St — — — Munhall, 15120 For Sale

  • $43,000
  • 4 beds
  • 2.5 baths
  • 2,520 sqft

Easiest money-making opp so far this year!

Big, SOLID brick excellence & profits in Munhall duplex. Can finish the basement for third unit / triplex conversion, further raising the already-high property value & CAP rate! Bonus = finished attic, hidden hardwood, enormous covered front porch, bay window, & recently vacant. All components operational, many newer or in good shape (eg, H2O tank, windows, roof, etc.). Needs a small bit of repairs/handywork. Owner maintained property exceptionally; just fixed a leak from a ceiling pipe.

Will need to separate utilities, however if finishing the basement, you’ll have had to anyway for the potential third unit! *Exactly* 1 mile from the Waterfront! Everything nearby. Has a WalkScore of nearly 70! BIG units! 2nd house in from the corner!

It’s MUNHALL: can rent each unit for approx.. $925/month. Add the lower 3rd unit & monthly rental income potential $2,450. As a duplex, still over $1800. After small repairs needed + price of duplex, CAP @ a minimum of 26%.

Long-term careful owner kept this property tight – try to get an appointment ASAP if you want to walk-through; don’t expect it to last through the week at the price!

  • Taxes: $2,023
  • Electric: (1) Updated; (1) Needs updating
  • Plumbing: Updated
  • Kitchen: (2) Need updating
  • Bath: (2.5) Need updating
  • Roof: 13 yrs old
  • Furnace: 20 yrs old
  • Hot Water Tank: 3 yrs old
  • Windows: Double-paned
  • (1) 2/1; (1) 2/1.5
  • Floors: 2
  • Parking: On-Street
  • Rental Potential: $1,850 – $2,450/mo total
Price:
$43,000
Address:
1215 Louise St
Munhall, PA 15120
Square Feet:
2,520
Lot Size:
2,230
Bedrooms:
4
Bathrooms:
2.5
Terms:
For Sale
Property Type:
Home
Year Built:
1900
Basement:
Full; unfinished
Const. Type:
Brick

Call (800) 788-9882 for more details

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