2108 Hollingsworth St - Apartments FOR SALE


New Kensington, PA 15068
$475,000 USD
412-362-1065
2108 Hollingsworth St, New Kensington, PA for Sale
$475,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

2108 Hollingsworth St
New Kensington, PA 15068


HIGHLIGHTS

  • New metal roof on both buildings
  • Driveway repairs recently done
  • New one piece gutters with leaf guard

OVERVIEW

Six - 2 Bedroom Apartments with all utilities separate and indoor parking. New metal roof and Leaf Guard gutters installed in the past two years. Situated on a quiet street, and only five minutes to New Kensington's major shopping district on Tarentum Bridge Road. There is one vacancy which the owner intends to rent at $800 per month. Presently, all tenants are on a month to month lease which should help new owners bring them up to current market rents. See attachments for Comparable Rents and Improvements. Rents are approximately 27% to 33% below similar apartments in the New Kensington and Lower Burrell area.

FOR SALE DETAILS

PRICE

$475,000 USD

PRICE/SF

$48 USD /SF

# OF UNITS

6

PRICE/UNIT

$79,167

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6 Units: 2108 - 2110 Hollingsworth Street

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1979

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

Residential

APN/PARCEL ID

24-03-04-0-007

ASK ABOUT THIS PROPERTY

Marvin BirnerColdwell Banker RealtyMore Info
412-362-1065

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Marvin BirnerColdwell Banker RealtyMore Info
412-362-1065

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.