Property profile

2204 Constitution Blvd New Kensington, PA 15068

FOR SALE
Apartment buildings
Property ID
US73-0724094
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Property summary

AI-generated overview

This stabilized, eight-unit apartment building at 2204 Constitution Boulevard, New Kensington, Pennsylvania, 15068, presents a compelling investment opportunity. The property boasts a 100% occupancy rate, demonstrating strong tenant demand and consistent cash flow. Each unit is equipped with brand new air conditioning units, enhancing tenant comfort and satisfaction. Residents benefit from convenient on-site laundry facilities and individual storage units, adding value and appeal. The building's strategic location near major employment centers in Allegheny and Westmoreland Counties ensures a steady stream of potential renters. Its proximity to Downtown Pittsburgh (approximately 30 minutes away) further enhances its attractiveness. This multifamily property represents a dependable investment in a stable market, offering a secure and potentially lucrative return. The property is classified as a stabilized investment, indicating consistent performance and minimal vacancy risk. This turnkey opportunity requires minimal immediate capital expenditure, allowing for immediate cash flow generation. The property's strong occupancy and desirable amenities make it an ideal addition to any investor's portfolio. The address is easily accessible and situated in a well-established residential area of New Kensington.

Property profile

Verified
Property type Apartment buildings
UPID US73-0724094

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2204 Constitution Blvd New Kensington, PA 15068
New Kensington metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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