116 5th Ave Mckeesport, PA 15132-2751
This well-located McKeesport, PA, apartment building presents a compelling investment opportunity for discerning buyers. The property, situated on a 0.05-acre lot at 116 5th Avenue, comprises five individual apartment units within a sturdy brick structure. While some renovations are recommended to enhance the property's current condition, the solid brick construction provides a durable and reliable foundation for future improvements. The building's multiple units offer significant potential for rental income generation, making it an attractive prospect for investors seeking to capitalize on the multifamily market. Its convenient location offers easy access to local amenities and public transportation, further enhancing its appeal to potential tenants. The property's address is 116 5th Avenue, McKeesport, PA, and is priced at $130,000. This represents a chance to acquire a substantial multifamily property in a desirable location, with the potential for significant return on investment following strategic renovations and property management. The property's size is not specified in square footage, but the 0.05-acre lot size provides ample space for the building and potential future development. This is an excellent opportunity for those seeking a hands-on project with considerable upside potential. The building's character and location combine to create a unique investment opportunity in the McKeesport area.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.