116 &118 S Cliff Street, City Of But Sw, PA 16001

$234,900

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List Price
$234,900
Status
ACTIVE
MLS#
WESTPENN-1774077
Style
Fourplex
Acres
0.09
Lot Size
3,920
Region
City of But SW

Property Description

Investment Opportunity! This fourplex offers an excellent opportunity for an investor looking to add a multi-unit property to their portfolio. The property features four one-bedroom, one-bath units, with two units on the main level and two upstairs. Recent improvements include a brand-new roof, while one of the four units has been completely renovated. One unit is currently vacant, providing an immediate opportunity for a new owner to secure a tenant and increase the property's rental income. Utilities are separately metered/split by unit, helping keep operating expenses manageable for the owner. Common areas, including the on-site laundry area, are the exception. The property also offers an unfinished basement with laundry access for tenant convenience. A large attic provides additional storage space and has recently been improved with new drywall and insulation. One of the units also offers off-street parking. With a new roof, a fully renovated unit, separate utilities, on-site laundry, and a vacant unit ready to be leased, this property provides a solid combination of existing rental income and future upside for the next​​‌​​​​‌​‌​​​​‌‌​​‌‌​‌‌​​‌​​​‌​‌ owner.

Additional Information

Taxes
$2,109
Lot Dimensions
66x68x66x69
Basement
Unfinished
School District
Butler
Parking Spaces
1
Parking Description
Off Street

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Calculator source: Real Geeks

Listing courtesy of RE/MAX INFINITY.

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