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    OFF-MARKET
    Commercial real estate

    2204 Constitution Blvd, New Kensington, PA 15068

    Property ID
    US73-0724094
    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 Commercial real estate
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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