Multifamily Income
For Sale
Contact for pricing
1000 Grant Avenue, Butler, PA 16001
Includes a vacant commercial laundromat space and 2-bedroom apartment units generating gross rents per the rent roll.
Property Size3,960 SF
Price / SF$84.60
Days on Market139
Property Features for 1000 Grant Avenue
General Information
Standard status
Active
Size
3,960 SF
Total Parking Spaces
12
Property subtype
Retail, Multifamily
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$32,541
Building Details
Tenancy
Multi
Listing Agency:
Berkshire Hathaway HomeServices The Preferred Realty Butler
Listed By:
Amanda Shingleton · License #rs328714
(724) 282-1313
Source:
Crexi
Added: Apr 20
Changed: Sep 3
Last Checked: Sep 1 at 10:48PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices The Preferred Realty Butler
Investment Insights
Based on property information with market context.
This multifamily income property includes a commercial laundromat space that is currently vacant and non-operational, along with 2-bedroom apartment units. The provided rent roll lists monthly rents of $823, $771, $918.50, $973.50, and $920.70, along with a noted pro forma rent roll projecting $74,220 in gross income.
According to the stated pro forma, projected annual expenses include taxes ($1,800), insurance ($2,750), utilities/trash ($12,000), and maintenance/repairs ($2,500), for total expenses of $19,050. The pro forma indicates NOI of $32,541.30 and GOI of $55,170, based on the inputs shown.
The property is offered for sale at 1000 Grant Avenue in Butler, Pennsylvania.
According to the stated pro forma, projected annual expenses include taxes ($1,800), insurance ($2,750), utilities/trash ($12,000), and maintenance/repairs ($2,500), for total expenses of $19,050. The pro forma indicates NOI of $32,541.30 and GOI of $55,170, based on the inputs shown.
The property is offered for sale at 1000 Grant Avenue in Butler, Pennsylvania.
Key Highlights
- Includes a commercial laundromat space currently vacant and non‑operational
- Rent roll totals $51,591.30 in gross rent
- Listed expenses total $19,050 for NOI of $32,541.30
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
61
Businesses Nearby
Explore this area
Business Placement
Demographics for 16001, PA
40,085
Population
19,757
Households
2
Avg Household Size
46
Median Age
28%
College-Educated
94%
High-School Grad
75.8 sq mi
ZIP Area
529
Density / Sq Mi
$61,325
Median Household Income
$42,542
Median Earnings
$864
Median Rent
$191,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Includes a vacant commercial laundromat space and 2-bedroom apartment units generating gross rents per the rent roll.
Where is this multifamily property located?
The property is located at 1000 Grant Avenue Butler, PA.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Includes a commercial laundromat space currently vacant and non‑operational; Rent roll totals $51,591.30 in gross rent; Listed expenses total $19,050 for NOI of $32,541.30
