395-399 Chestnut St - Apartments FOR SALE


Washington, PA 15301
$499,000 USD
414-517-3554
395-399 Chestnut St, Washington, PA for Sale
$499,000 USD
Apartments - FOR SALE
1/2
null | Request Cap Rate

395-399 Chestnut St
Washington, PA 15301


HIGHLIGHTS

  • Located in a good area of West End Washington.
  • Close to school bus routes and high school.
  • Well-maintained building.

OVERVIEW

Fantastic investment opportunity of a mixed use building with 6 apartments and 1 retail space. Great location with excellent schools and a walkable part of Washington also in proximity to plenty of public transportation. Apartment 2 has brand new flooring in Kitchen. All Units have new blinds. Bathrooms in each unit have been updated within past 3 years. All of the apartments are rented with long-term tenants and part of the retail space is being used for paid storage. Great cashflow investment opportunity. Motivated seller. Potential for an additional single family residence as a rental property (this would raise the price by ~$200,000). Owner pays for water, sewage, and garbage at the moment. Roof was replaced about seven to eight years ago.

FOR SALE DETAILS

PRICE

$499,000 USD

PRICE/SF

$107 USD /SF

# OF UNITS

4

PRICE/UNIT

$124,750

CAP RATE

Request Cap Rate

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kelly Building

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1923

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

9,827 SF

ZONING

C1

APN/PARCEL ID

7800020000001800

ASK ABOUT THIS PROPERTY

Georgianna FarkasFarkas GeorgiannaMore Info
414-517-3554

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Georgianna FarkasFarkas GeorgiannaMore Info
414-517-3554

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