2204 Constitution Blvd New Kensington, PA 15068
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 2204 Constitution Blvd
- Property type
- Commercial real estate
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Kensington
- County
- Westmoreland
- State
- Pennsylvania
- Longitude
- -79.7662676
- Latitude
- 40.5850853
