204 W Boyd Avenue And 19 More, City Of But Ne, PA 16001

$3,000,000

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List Price
$3,000,000
Status
ACTIVE
MLS#
WESTPENN-1751180
Acres
1.87
Lot Size
81,457
Region
City of But NE

Property Description

Presenting a 28-unit SFH & multifamily portfolio diversified across 20 properties primarily in the Butler, PA area, just one hour North of Pittsburgh. The portfolio has undergone extensive updates since 2019 with 75% of the properties receiving some or all of: light to heavy interior remodeling, roof, sewer line, HVAC, HW tank, and electric improvements since that time. These recent updates combined with tenant-paid utilities and routine maintenance keeps the current operating expenses low and future CapEx minimal. Additionally, approximately 30% of the units currently receive below market rent for their present condition, providing built-in rent growth opportunities, tenant turnover protection, and a massive upside for any investor. Opportunities to acquire this level of scale, yield, and upside in a single transaction are increasingly rare. Simply put, this portfolio delivers a compelling combination of immediate cash flow, operational efficiency, and strong value-add potential.

Additional Information

Taxes
$24,837
Lot Dimensions
1.87

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Listing courtesy of REALTY ONE GROUP ULTIMATE.

INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED. Listings courtesy of WEST PENN MULTILIST, INC.