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331-337 4Th Ave New Kensington, PA 15068

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For Sale
$799,000

Real estate portfolio featuring single-family homes and a fourplex.

Lot size:
0.20 Acres

Property Features for 331-337 4Th Ave

General Information

Lot size
0.20 Acres

Building Details

Year built
1925

Source: Keller Williams Exclusive Agent Deborah Hovanec

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Income-Producing Real Estate Portfolio

This income-producing real estate portfolio includes eight single-family homes, one fourplex, and an oversized garage. The properties are located at 331-333-335-337 4th Ave New Kensington, 105 Locust St. New Kensington, 1508 4th Ave Arnold, 1512 Kenneth Ave Arnold, 1622 Constitution Blvd Arnold (house and garage), 1700 Constitution Blvd Arnold, 1734 Constitution Blvd Arnold, 2015 Kenneth Ave Arnold, and 2016 Kenneth Arnold. The diverse property mix includes single-family homes that provide tenant stability, and a fourplex that enhances multi-unit income. The properties are fully leased and offer consistent cash flow. This turnkey investment is suited for investors looking to expand their portfolio with strong cash flow and long-term appreciation. The proforma cap rate is 14.01%.
Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
New Kensington
County
Westmoreland
State
Pennsylvania
Longitude
-79.76421
Latitude
40.55555

FAQs

What type of property is this?
Quadplex - Real estate portfolio featuring single-family homes and a fourplex.
Where is this quadplex located?
The property is located at 331-337 4Th Ave New Kensington, PA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: - Income-Producing Real Estate Portfolio: Includes 8 single-family homes, a fourplex, and an oversized garage.; - High Cap Rate: Proforma cap rate of 14.01%.; - Portfolio is fully leased, providing consistent cash flow.
More about this property
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