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1425-1435 Cresson Street
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1425-1435 Cresson Street
Wilkinsburg, PA 15221

1425-1435 Cresson Street Pittsburgh, PA 15221 1425-1435 Cresson Street Wilkinsburg, PA 15221Get Directions ❯
$285,000

Property Description

Great opportunity to buy this cash-flowing 6-unit of side by side townhomes at under $50k/unit!!! All six units are 3 bedrooms, 1.5 bathrooms. 5 units are occupied, one needs work. Value add opportunity located in a current Opportunity Zone for HUGE tax breaks and incentives (buyers are recommended to do their own due diligence and talk with an accountant or tax attorney when dealing with Opportunity Zones). If self-managing this is a 13.37 Cap Rate. With management this will be a 10 Cap OR BETTER. Tenants pay water, sewer, gas, and electric.

  • Township Wilkinsburg
  • MLS ID 1441763
  • Property type: MUL
  • Status Active
  • Estimated Taxes $4,471

Additional Information

  • Owner's P & L
    Gross Annual Income: $52,560

    Vacancy Percentage: 7

    Net Operation Income: $38,131

    Estimate Annual Taxes: $4,471

    Aproximate Lot Size
    100x79 M/L

    Status
     Active

  • Units Available: 6
    Unit # Bedrooms Full Baths Half Baths Rent
    1 3 1 1 $900
    2 3 1 1 $800
    3 3 1 1 $840
    4 3 1 1 $940
    5 3 1 1 $900
    6 3 1 1 $0
  • Utilities
    Gas
    Water
    Electric
    Sewer
    Other

  • Parking
    6 - On-Street Parking

West Penn MLS  Listing Courtesy of: Keller Williams Pittsburgh East
 

Last updated: 03/24/2020 7:32:07 PM

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