726 Fairview Ave
Irwin, PA 15642

$409,000

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Property Description

Incredible 5 Unit Investment Opportunity In Our Much Desired Irwin Borough. This Sale Consists Of A Triplex And Duplex On One Lot! Majority Of Utilities Are Separate, Basement Has Laundry Plus Several Divided And Locked Storage Spaces. Duplex Has A One Car Garage That Is Rented Separately. Additional Off Street Parking Available For Duplex. Property Is Located Near On/off Ramp For Turnpike And Route 30. Sits Within 1 Mile Of A High Traffic Commercial Area, Including The Norwin Hills Shopping Center, Walmart, Target, Planet Fitness, Restaurants And Much More. This Was Fully Rented At $4700/mo. Market Rents Project That $5000/mo Is Feasible, Projected 12.5%+ Cap Rate When Fully Rented. 2/5 Units Currently Rented. Three Units Vacant And Ready For Your Own Tenants. Fantastic Rental Opportunity Awaiting Its New Owner!

Township Irwin
MLS ID 1587761
Property type: Commercial
Status Active
Estimated Taxes $3,055

Additional Information

Business Info

Zoning - MUL
Not Available

Building Info

Office SqFt: 0
Estimated Annual Taxes

$3,055

Approximate Lot Size

0.1377

Acres

0.1377

Status

Active