14 Hillcrest Ave Burgettstown, PA 15021
- Commercial real estate
- 1 SF
Current Use by Public Records
- Commercial real estate
Property Details for 14 Hillcrest Ave
- Property size
- 1 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a two-unit apartment building located at 14 Hillcrest Ave, Burgettstown, PA 15021. Priced at $120,000, this property boasts a current gross annual rent of $189,000, representing an estimated 7.5% capitalization rate. However, with market rents potentially reaching $320,000 annually, a significantly higher capitalization rate of 12-13% is achievable. Each unit features one bedroom and one bathroom, offering spacious living areas, ample storage, and an open-concept design. In-unit laundry (washer and dryer) is a key tenant amenity. Separate utilities for each unit simplify management, and most tenants are responsible for their own utility costs. The property also includes abundant off-street parking and attractively landscaped grounds providing tenants with outdoor space. Conveniently situated on a main street, this well-maintained duplex is within walking distance of grocery stores and restaurants, and just minutes from the Pavillion at Star Lake. This property is part of a larger portfolio of nine properties currently for sale. Information regarding financing and property management is available upon request. This is a turnkey investment opportunity with immediate positive cash flow.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Burgettstown
- County
- Washington
- State
- Pennsylvania
- Longitude
- -80.3906337
- Latitude
- 40.381307
