116 10Th St Donora, PA 15033
- Commercial real estate
- 0.13 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 116 10Th St
- Lot size
- 0.13 lot acres
- Property type
- Commercial real estate
- APN
- 240-009-00-06-0029-00
- APU
- 2400090006002900
Description
This meticulously maintained five-unit apartment building presents a compelling investment opportunity in Donora, PA. Situated on a 0.13-acre lot at 116 10th Street, this property boasts five spacious two-bedroom, one-bathroom apartments, each designed for comfortable living. Each unit enjoys the convenience of separate utilities, enhancing both tenant satisfaction and operational efficiency. Four of the five units are equipped with central air conditioning for year-round comfort. The upper two units offer the added luxury of private balconies, providing residents with outdoor space. All units feature attractive back decks or patios, perfect for relaxation or entertaining. Modern kitchens, complete with islands, are complemented by updated appliances, ensuring a contemporary feel. Updated bathrooms, featuring tiled floors and surrounds, add to the overall appeal. The flooring throughout the units is a mix of tile and newer carpeting. Off-street parking is provided at the rear of the building for residents' convenience. A shared laundry facility is conveniently located in the lower level, adding to the property's functionality. This turnkey investment property offers excellent rental potential and is poised for continued success. The property's strong features, combined with its desirable location, make it an ideal addition to any investment portfolio. The well-maintained condition of the building minimizes immediate maintenance needs, allowing for a smooth transition for the new owner. This is a rare opportunity to acquire a high-performing multi-family property in a stable market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $255,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $320,000
- 6.5%
- $350,000
- 7%
- $315,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $355,000
- Geo Method
- $365,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $295,000
- Retail
- $320,000
- Mixed-Use
- $325,000
- Hospitality
- $320,000
- Educational
- $325,000
- Residential Income
- $275,000
- Energy
- $270,000
- Income-Based Land
- $295,000
- Food Service
- $275,000
Location Insight
- Map
- Local Demand
- City
- Donora
- County
- Washington
- State
- Pennsylvania
- Longitude
- -79.8555
- Latitude
- 40.1837
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA