1245 - 1247 Chartiers Avenue is a 5 unit apartment building with 4 garages located less than 5 miles from Downtown Pittsburgh in the neighborhood of McKees Rocks. The building is all-brick and 3 of the 5 units have recently been renovated. Tenants pay electric and gas - cooking while the owner pays gas - heat, water, sewer and trash. There is on-site laundry and the property has a 4 bay garage in the rear. Recently, the current owner of the property has done extensive exterior and interior renovations on the property that should allow for a lower than normal cost of ownership for the foreseeable future. The property is a strong cash flow property that is relatively turnkey and has real upside.
Multi-familyProperty Type
1940Year Built
4,356 sq ftLot Size
Listed by • ALLEGHENY MULTI FAMILY LLC
Bought with David Poluszejko• ALLEGHENY MULTI FAMILY LLC
Huge remodel of this property in 2020. Three units were renovated, new roof, garage roof. First floor commercial space was converted into living space. Huge income potential. 2BR - $900, 1 BR - $800, Efficiency $700, 2 Bedroom $600, 2 Bedroom $600, 3 garages are $75 (tenant paid) one is $100, Coin operated washer/dryers bring in $300 a month. Tenant pays gas and electric. Owner pays for electric in common areas, for gas (boiler) and about sewage and water per year. Minimal maintenance fees. Max at a year.