[Triplex] 701 E. Park Way* McKeesport, 15132 For Sale

  • $57,500
  • 3 beds
  • 3 baths
  • 2,400 sqft

 

rented triplex in Downtown McKeesport 374 FEET to UPMC = easy ForeverRental

 

Big yellow zoned 3-unit on a corner lot with an active cap near 13%; potentially 21% at full market.

3 occupied 1BR/1BA units. Total rent $1,250+utilities. Under market rent value of $625/month/unit. All clean with proper tenants! Can update baths, etc. as tenants move on.

Roof & all hot water tanks are only 5 years-old. Electrical & plumbing fully updated.

Integral garage! Used for storage right now but certainly shouldn’t be! Rent that out to a hospital employee for at least $75/month or to a tenant for $50 or so. Otherwise on/off-street parking is very abundant.

  • WALK to many restaurants, convenience stores, bars, coffee, pools, parks, etc.; specifically McKeesport High School, Propel Charter School, shopping center w/Giant Eagle
  • Large covered front porch, small covered rear deck(s)
  • Bus stops everywhere
  • Mostly above-ground basement
  • Units all have character, tall ceilings, & good tenants 

Rental info:



There is also good, progressive resale value to it (multi-comps).


  • Taxes: $1,725
  • Electric: Updated
  • Plumbing: Updated
  • Kitchen: (1) mostly updated; (1) OK; (1) needs updating
  • Bath: Should be updated (all)
  • Roof: 5 yrs old
  • Furnace: n/a (electric heat!)
  • Hot Water Tank: 5 yrs old (all)
  • Windows: Double-paned
  • Units: (3) 1 BR/1 BA
  • Floors: 2.5 
  • Parking: 1-car integral garage & off/on-street
  • Rental Income: $1,250/mo TOTAL+ utilities
Price:
$57,500
Address:
701 E. Park Way*
McKeesport, PA 15132
Square Feet:
2,400
Lot Size:
3,150
Bedrooms:
3
Bathrooms:
3
Terms:
For Sale
Property Type:
Triplex
Year Built:
1895
Basement:
Full
Const. Type:
Frame

Additional Features

AKA Park Street*

Call (800) 788-9882 for more details

Property Location