[Single Family] 108 Margaret Street — McKees Rocks, 15136 For Sale

  • $70,500
  • 3 beds
  • 1.5 baths
  • 1,472 sqft

Everything freshly cleared out – ready to rehab this instant.


Excellent to put back together & hold and/or flip – a good option might be to rehab then hold onto it for a little while to further appreciate (large area developments driving property prices up at a fair pace for some time now).

Right off Chartiers Avenue on a long corner lot with a big, beautiful garage.

    • Large 2-car garage 
    • Proximities (WalkScore: 70), inc. schools
    • A+ outdoor + indoor spaces (inc. covered front + rear porches)
    • Taxes CHEAP
    • <5 miles from downtown 
    • Bus lines
    • Walk-out basement
    • Fenced
  • VERY central and walkable

 

Components are all good (roof, hot water tank, etc.) – last tenants had made a mess but it has updated electric & plumbing, a fantastic structure & lot, and is now gutted and waiting for you. Bonuses: has 1.5 bathrooms, 1 of them decent; doesn’t need a roof or windows – see photos for ease. Looking around a 14% cap rate or $80k return on resale.

  • ARV: $165k→$205k: comps
  • Rental est.: $1,375→$1,425/month: rentals


**2 notes:

  1. photos might be misleading, where the electric is updated, can clearly see the Romex® into it .. property was likely rewired just without updating the panel
  2. apologies if any photos are offensive yet the offending “artists” are no longer near the property.

New area things per McKees Rocks’ Community Development Corp. efforts:

  • Black Forge Coffee
  • Roxian Theater (beautifully revived!)
  • Love Rocks Cafe
  • Ohio River Biking Trail
  • Development projects
    • $6M Streetscape revitalization on Chartiers Avenue
    • $40M West Carson revamp
    • The Rocks Multimodal Park
  • 10-year real estate tax abatement on all new construction
    • No local payroll expense tax to employers

  • Taxes: $1,518
  • Electric: Updated
  • Plumbing: Updated
  • Kitchen: Needs updating
  • Bath: (1) Pretty decent; (½) Needs some updating
  • Roof: 15 yrs old
  • Furnace: Boiler; 30 yrs old
  • Hot Water Tank: 5½ yrs old
  • Windows: Double-paned
  • Floors: 2.5
  • Parking: 2-car detached garage
  • Rental Potential: $1,375 /mo+
Price:
$70,500
Address:
108 Margaret Street
McKees Rocks, PA 15136
Square Feet:
1,472
Lot Size:
2,500
Bedrooms:
3
Bathrooms:
1.5
Terms:
For Sale
Property Type:
Home
Year Built:
1900
Basement:
Full; walkout
Const. Type:
Frame

Call (800) 788-9882 for more details

Property Location