For sale
  • $325,000

    216 E Pike St, Houston, PA 15342

    5beds
    5baths
    --sqft
    : 
    Multi Family
    Built in 1917
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    New appliancesBath updates
    Great investment opportunity with this 5 unit rental. 3 units are currently tenant-occupied, generating income from day one. Many improvements have been made to the units including new appliances, bath updates, painting, etc. All 5 units have updated electrical and are separately metered. The 2 vacant units still need finished before they are ready to market, once leased should increase monthly income by 50%. Tenants pay all utilities besides trash. Located on the Washington County Freedom Transit County Line Bus routes. Current Cap Rate of almost 7%, potential cap rate fully leased at market rates is 11.25%
    2 days
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