Multifamily Income
1000 Grant Avenue Butler, PA 16001
1000 Grant Avenue, Butler, PA, 16001
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For Sale
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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 Market94
Property Features for 1000 Grant Avenue
General Information
- Standard status
- Active
- Size
- 3,960 SF
- Property subtype
- Retail, Multifamily
Listing agency
Berkshire Hathaway HomeServices The Preferred Realty Butler
(724) 282-1313
Listed by
Amanda Shingleton · License #rs328714
Source
Crexi
Added: Apr 20 Updated: Jul 20 at 8:36PM Checked: Jul 21 at 6:39AM
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
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FAQs
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
