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Scottdale, PA, 15683 • 15683 • Westmoreland County
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5Beds
7Baths
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Listed 28 days ago · 354 views · 15 saves
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28 days on market
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Multi Family
Investment Property Portfolio – Scottdale, PA 5 Residential Units + Additional Commercial/Office Space Portfolio of two income-producing properties located in Scottdale, Pennsylvania. Properties offer current income with additional upside through rent increases and one additional rentable space. ________________________________________ Portfolio Overview Total Residential Units: 5 Additional Space: 1 small commercial/office unit Current Monthly Rent: $2,320 Projected Monthly Rent (stabilized): $3,670 – $3,875 Package price: $224,900 (open to clean offers) ________________________________________ Property 1 – Triplex + Shop Space Addresses: 710 Pittsburgh St 712 Pittsburgh St 714 Pittsburgh St 714 ½ Pittsburgh St (shop/office) Scottdale, PA Unit Breakdown Unit Type Bedrooms Rent Notes 710 Pittsburgh Apartment 1 $550 Rented 712 Pittsburgh Apartment 1 $500 Rented 714 Pittsburgh Apartment 1 $470 Rented 714½ Pittsburgh Shop/Office — Vacant Could be beauty salon, office, etc Current Rent $1,520/month Market Rent Potential Units are currently below market. Estimated achievable rents: $600 – $725 per unit Projected residential rent potential: $1,800 – $2,175/month Shop/office space has additional income potential once finished. ________________________________________ Expenses Expense Annual Property Taxes $2,200 Insurance $2,000 ________________________________________ Property Highlights • Fully rented triplex • Long-term tenants • Rents currently below market • Opportunity for rent increases • Additional commercial/office space adds extra income potential • Strong buy-and-hold investment ________________________________________ Property 2 – Duplex Address: 309–311 Broadway St Scottdale, PA Unit Breakdown Unit Bedrooms Bathrooms Rent Status 309 Broadway 3 1 $800 Rented 311 Broadway 3 2 $900–$1,000 Vacant / Turnover Current Rent $800/month Stabilized Rent Potential $1,700 – $1,800/month ________________________________________ Expenses Expense Annual Property Taxes $2,200 Insurance $2,000 ________________________________________ Portfolio Financial Summary Category Amount Current Monthly Income $2,320 Stabilized Monthly Income $3,670 – $3,875 Current Annual Income $27,840 Stabilized Annual Income $44,040 – $46,500 Combined Annual Expenses Expense Amount Property Taxes $4,400 Insurance $4,000 ________________________________________ Investment Highlights • Five residential rental units • Additional income potential from shop space • Rents currently below market • Strong rental demand in the area • Opportunity for rent increases and value-add improvements • Ideal for buy-and-hold investors ________________________________________ Sale Terms Package price: $224,900 (open to clean offers) Properties offered as a portfolio sale. Serious investor inquiries only. Contact: Milton Durstine 412-582-5172 onezerofivellc@gmail.com
Based on current rates
Est. 6.80% rate · 30yr fixed · $179,920 loan
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3 schools rated nearby
Scottdale, PA, 15683
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Scottdale, PA • Westmoreland County
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