1525 Main St Burgettstown, PA 15021-1173
- Commercial land
- 0.13 lot acres
Current Use by Public Records
- Commercial land
Property Details for 1525 Main St
- Lot size
- 0.13 lot acres
- Property type
- Commercial land
- APN
- 070-008-00-01-0003-00
- APU
- 700080001000300
Description
Exceptional investment opportunity in Burgettstown, Pennsylvania, presents a two-unit apartment building located at 1525 Main Street, zip code 15021. This well-maintained duplex offers spacious one-bedroom, one-bathroom units, each featuring an open concept layout, in-unit washer and dryer, and ample storage. Tenants enjoy separated utilities, with most covering all utility costs. The property boasts two off-street parking spaces and beautifully landscaped grounds providing outdoor space. Situated on Main Street, it's within walking distance of grocery stores and restaurants, and just minutes from the Pavilion at Star Lake. Currently generating an estimated $189,000 in gross annual rent, representing a 7.5% cap rate, this property offers significant upside potential. Market rents suggest a potential gross annual rent of $320,000, indicating a potential 12-13% cap rate. The property is 100% occupied, ensuring immediate positive cash flow. Information regarding financing and property management is available upon request. This is one of nine properties currently available for sale. The asking price for this property is $122,000.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Burgettstown
- County
- Washington
- State
- Pennsylvania
- Longitude
- -80.3919
- Latitude
- 40.3835
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
