1308 Main St Burgettstown, PA 15021-1091
This exceptional 5-unit apartment building, located at 1308 Main Street in Burgettstown, Pennsylvania, presents a compelling investment opportunity. Boasting a total of 3,312 square feet, this property offers a strong 10% capitalization rate and a healthy net operating income (NOI) of $23,500, with 100% occupancy. The building comprises two 2-bedroom units, one 1-bedroom unit, one efficiency unit, and a first-floor hair salon. Each unit includes two parking spaces, totaling 10 spaces for the entire property. Constructed in 1930, the building sits on a 5,362 square foot lot and is zoned residential (R-2). A significant recent improvement is a new metal roof installed in 2024. The asking price is $235,000, translating to an attractive $47,000 per unit. Please note that any non-conforming use requires approval from the zoning hearing board. The property's APN is 070-022-00-02-0006-00. This is a package deal and must be purchased with a separate 6,000 square foot shop/warehouse.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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.