Opportunity to purchase 8 unit apartment building in Fair Oaks. Property consists of 2 four unit buildings. Each unit consists of two bedrooms, living room, kitchen, and full bathroom. There is a coin operated laundry in each building. There is the possibility to develop the excess land. Located in the highly rated school district of Quaker Valley. The units currently rent for $625 plus electric. There is substantial room to raise the rents with cosmetic upgrades. Property is on market for less then the assessed value which means the property taxes should go down after purchase.
Off market
$853,300
230 Ambridge Ave, Ambridge, PA 15003
16beds
--sqft
MultiFamily
Built in 1970
-- sqft lot
$853,300 Zestimate®
$--/sqft
$1,158 Estimated rent