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1601-1607 Lincoln Way
McKeesport, PA 15131
Multifamily Property For Sale
·
14 Units
PROPERTY FACTS
| No. Units | 14 | Lot Size | 0.38 AC |
| Property Type | Multifamily | Building Size | 18,333 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1940 |
| Building Class | C |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.38 AC |
| Building Size | 18,333 SF |
| No. Stories | 3 |
| Year Built | 1940 |
AMENITIES
UNIT AMENITIES
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
ABOUT 1601-1607 LINCOLN WAY , MCKEESPORT, PA 15131
Price reduced to reflect 10% cap rate. The White Oak Center features the best of both worlds having five commercial and fifteen residential tenants for a total of 20 tenants. Located on Lincoln Way the main thoroughfare through the town boasts a traffic count, according to the Pennsylvania Dept of Transportation, of 17,245 Average vehicles per day. The current owner has done many up-grades to the property including roofing, exterior and interior paint, separation of tenant utilities and the elimination of the gas boiler. Six newly built-out apartments complete the property. Great tax incentive with a assess value ratio of improvements to total assessment of 91.44%. The building is 18,333 square feet on three floors. Five commercial tenants and fifteen Residential apartments. One commercial space was recently converted to six new apartments. Five of which are completely built out and leased. Property is located on Lincoln Way the main street through the town of White Oak, Pennsylvania. Appropriately 12 miles from downtown Pittsburgh. Dollar Tree dollar store just relocated next to the property. Traffic count in front of the property of 17,245 AVD
PROPERTY TAXES
| Parcel Number | 0461-S-00276-0000-00 | Improvements Assessment | $570,100 |
| Land Assessment | $53,400 | Total Assessment | $623,500 |
PROPERTY TAXES
