457 2nd St - Apartments FOR SALE


California, PA 15419
$720,000 USD
412-217-6432
457 2nd St, California, PA for Sale
$720,000 USD
Apartments - FOR SALE
1/33
null | 9% Cap Rate

457 2nd St
California, PA 15419


HIGHLIGHTS

  • 9% CAP RATE
  • LESS THAN 2 BLOCKS FROM PENNWEST UNIVERSITY (CAL U.)
  • 3 BEDROOM, 2 BATH, 2 CAR INTEGRAL GARAGE - 6 UNITS

OVERVIEW

Excellent investment, 9% Cap rate, 100% occupancy. 6 well maintained townhomes that include 3 BR's, 2 baths, & 2 Car Garage. Built in 2015 makes these one of the newer buildings around the PennWest (Cal U.) campus. These units, less than 2 blocks from the college campus make it a high student demand as well as families or individuals seeking a spacious living space. The location is also convenient to restaurants, shopping, and the Mon River Park/Boat Ramp. These townhomes are equipped with all Kitchen Appliances, Washer/Dryer, Vinyl/Laminate Flooring & a 2023 Roof. This property also offers easy access to major routes such as Rt 43 & Rt 70, making quick travel to nearby areas including Brownsville, Washington, Uniontown, Pittsburgh & Morgantown. In summary, these townhomes boast a rare combination of quality & desirable amenities. it's convenient location makes it a sought-after choice for students, tenants & investors. Can be purchased with 457 2nd St/406 Temperance Way (20 units).

FOR SALE DETAILS

PRICE

$720,000 USD

PRICE/SF

$72 USD /SF

# OF UNITS

6

PRICE/UNIT

$120,000

CAP RATE

9%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2015

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

COMM APTS

APN/PARCEL ID

0800050001000601

ASK ABOUT THIS PROPERTY

Mike PodolinskyColdwell Banker Commercial RealtyMore Info
412-217-6432

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Mike PodolinskyColdwell Banker Commercial RealtyMore Info
412-217-6432

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.