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38-40 Walnut St
Etna, PA 15223

38-40 Walnut St Pittsburgh, PA 15223 38-40 Walnut St Etna, PA 15223Get Directions ❯
$399,900

Property Description

Unique value add investment opportunity for the savvy investor! New roof in 2023! This property has four residential units and 16 garages! 100% occupied! There are two 1br units and two 2br units. Gas and electric is separate and tenants can pay directly. Water and sewer are landlord responsibility and these expenses are recouped by a utility reimbursement fee imposed on the tenants. The two 1 bedroom units are in great shape and well kept. The two 2 bedroom units could use updating at turnover. All garages are rented and present an opportunity for upgrades and increased rent. Long term tenants in place. Access to the gravel parking lot where all the garages are located is from High st. Can you see the potential?

  • Township Etna
  • MLS ID 1674380
  • Property type: MUL
  • Status Active
  • Estimated Taxes $5,053

Additional Information

  • Owner's P & L
    Gross Annual Income: $50,324

    Vacancy Percentage: 0

    Net Operation Income: $30,095

    Estimate Annual Taxes: $5,053

    Aproximate Lot Size
    0.4191

    Status
     Active

  • Units Available: 4
    Unit # Bedrooms Full Baths Half Baths Rent
    1 1 1 0 825+65
    2 2 1 0 675+65
    3 1 1 0 710+165
    4 2 1 0 525+65
    5 0 0 0 $1098
  • Utilities
    Gas
    Water
    Electric
    Sewer

  • Transportation
    School: 1
    Public: 1

West Penn MLS  Listing Courtesy of: Arbors Real Estate, Llc
 

Last updated: 10/04/2024 6:24:35 AM

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