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100 Carothers Dr 8 Unit Apartment Building $650,000 ($81,250/Unit) 8.87% Cap Rate Turtle Creek, PA 15145
Investment Highlights
- Fully occupied ensuring immediate rental income.
- Easy access to major highways and downtown Pittsburgh.
- Located minutes from Monroeville's shopping, dining, and entertainment options.
- Close to public transportation, schools, and local employers.
Executive Summary
The property at 100 Carothers Drive in Turtle Creek, Pennsylvania, is a multi-family building consisting of eight one-bedroom, one-bath units. Situated on an 11,250-square-foot lot, the building measures approximately 26 by 106 feet. The property is fully occupied and generates consistent rental income, supported by strong local demand. Located minutes from Monroeville and within easy reach of downtown Pittsburgh, the site offers convenient access to major highways, public transportation, and nearby schools, employers, and amenities. This asset provides an opportunity for investors seeking stable cash flow in an established residential area with proximity to shopping, dining, and entertainment options.
Property Facts
| Price | $650,000 | Building Class | C |
| Price Per Unit | $81,250 | Lot Size | 0.24 AC |
| Sale Type | Investment | Building Size | 4,000 SF |
| Cap Rate | 8.87% | No. Stories | 2 |
| No. Units | 8 | Year Built | 1900 |
| Property Type | Multifamily | Parking Ratio | 2.75/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Price | $650,000 |
| Price Per Unit | $81,250 |
| Sale Type | Investment |
| Cap Rate | 8.87% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 4,000 SF |
| No. Stories | 2 |
| Year Built | 1900 |
| Parking Ratio | 2.75/1,000 SF |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
1 1
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 0455-D-00250-0000-00 | Improvements Assessment | $170,100 |
| Land Assessment | $16,000 | Total Assessment | $186,100 |
Property Taxes
Parcel Number
0455-D-00250-0000-00
Land Assessment
$16,000
Improvements Assessment
$170,100
Total Assessment
$186,100
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100 Carothers Dr
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