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141-143 W.10th Street, Homestead PA – $325,000
MultiFamily | 7 Units Total
TURN KEY 7 UNIT BUILDING FOR SALE IN DEVELOPING WEST HOMESTEAD!
This building is comprised of one 3BD/1 BA – three 2BD/1 BA – two 1BD/1 BA and one studio apartment. Each apartment is individually metered for gas and electric (with the exception of the studio). Each unit is Section 8 approved. Off street parking in the rear of the building to sustain 7 apartments.
SALE PRICE: $325K.
Call for more details today: 412-34-BUYER.
Building Information
Square Feet: 6,440
LOT Size: 9,310
Construction: Frame
Zoned: Individually parceled as a 4 unit and 3 unit
School District: Steel Valley
Updates:
7 Updated Electric Panels
5 updated Forced Air Furnaces
7 updated Hot water tanks
141 W. 10th Street:
Apartment 1: vacant
Potential: $750/month
Apartment 2: $750/month
Potential: $850/month
Apartment 3 :$550/month
Potential: $650/month
Apartment 4: $425/month
Potential: $525/month
Total Gross Monthly Income: $1725
Potential: $2775/month
Total Gross Annual Income: $20,700
Potential: $33,300
Operating Expenses:
Taxes: $1641/yr
Insurance: $1800/yr
Water/Sewage: $2400/yr
Landscaping: $300/yr
Total Annual Expenses: $6,141
143 W.10th Street:
Apartment 1: $700/month
Potential: $750/month
Apartment 2: $700/month
Potential: $750/month
Apartment 3: $500/month
Potential: $600/month
Gross Monthly Income: $1900
Potential: $2100/month
Gross Annual Income: $22,800
Potential: $25,200
Operating Expenses:
Taxes: $1234/yr
Insurance: $1200/yr
Water/Sewage: $1800/yr
Common Electric: $960/yr
Landscaping: $400/yr
Total Annual Expenses: $5,594
Net Operating Income: $31,765
Potential Net Operating Income: $46,765