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411 Maplewood Ave
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411 Maplewood Ave
Ambridge, PA 15003

411 Maplewood Ave Ambridge, PA 15003 411 Maplewood Ave Ambridge, PA 15003Get Directions ❯
$475,000

Property Description

Unique opportunity to acquire a self storage facility with 4 apartments above. This building has immense potential. All four units were recently renovated and fully occupied. Apartments pay all their own utilities. 32 Self Storage units of varying sizes – 5x10, 5x15, 10x15 – majority are 5x10. Keypad access for tenants of self storage. Higher vacancy on self storage currently, for a new owner there's great potential once leasing the self storage units. Pro Forma cap rate is over 10%. Located centrally right near Ambridge's growing business district. Easy access to major roadways.

  • Township Ambridge
  • MLS ID 1533199
  • Property type: MUL
  • Status Active
  • Estimated Taxes $3,915

Additional Information

  • Owner's P & L
    Gross Annual Income: $74,100

    Vacancy Percentage: 13

    Net Operation Income: $48,616

    Estimate Annual Taxes: $3,915

    Aproximate Lot Size
    0.1

    Status
     Active

  • Units Available: 36
    Unit # Bedrooms Full Baths Half Baths Rent
    1 3 1 0 750-850
    2 0 0 0 60-90
  • Utilities
    Gas
    Water
    Electric
    Sewer

  • Transportation
    School: 1
    Public: 1

West Penn MLS  Listing Courtesy of: River Point Realty, Llc
 

Last updated: 01/10/2022 5:29:31 AM

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