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1801 Main St 6 Unit Apartment Building $260,000 ($43,333/Unit) 10.61% Cap Rate Aliquippa, PA 15001
Executive Summary
What an incredible investment opportunity! This sturdy brick 6-unit building brings in $4,000 per month in rental income, plus additional income from the coin-operated laundry in the basement. Unit 1 (2nd Floor): Kitchen, oversized bedroom, two living areas – $625/month Unit 2 (2nd Floor): Kitchen, dining room, living room, large bedroom – $650/month Unit 3: One bedroom, spacious living room – $575/month Unit 4: Two bedrooms, full kitchen, living room, high ceilings, new flooring – $750/month Unit 5: Two bedrooms, kitchen, living room – $650/month Tenants in Units 1–5 pay their own electric. Unit 6: Large bedroom, kitchen, living room – $750/month (all utilities included). The building features a coin-operated laundry area for additional income, and the boiler is just 10 years old. This is a solid, income-producing property you won’t want to miss!
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$49,500
|
$9.61
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$49,500
|
$9.61
|
| Taxes |
$3,444
|
$0.67
|
| Operating Expenses |
$18,468
|
$3.58
|
| Total Expenses |
$21,912
|
$4.25
|
| Net Operating Income |
$27,588
|
$5.35
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $49,500 |
| Annual Per SF | $9.61 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $49,500 |
| Annual Per SF | $9.61 |
| Taxes | |
|---|---|
| Annual | $3,444 |
| Annual Per SF | $0.67 |
| Operating Expenses | |
|---|---|
| Annual | $18,468 |
| Annual Per SF | $3.58 |
| Total Expenses | |
|---|---|
| Annual | $21,912 |
| Annual Per SF | $4.25 |
| Net Operating Income | |
|---|---|
| Annual | $27,588 |
| Annual Per SF | $5.35 |
Property Facts
| Price | $260,000 | Apartment Style | Low-Rise |
| Price Per Unit | $43,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.07 AC |
| Cap Rate | 10.61% | Building Size | 4,864 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1920 |
| Price | $260,000 |
| Price Per Unit | $43,333 |
| Sale Type | Investment |
| Cap Rate | 10.61% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 4,864 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1920 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+1 | 2 | - | - |
1 1
Property Taxes
| Parcel Number | 08-042-0415.000 | Total Assessment | $100,750 |
| Land Assessment | $5,950 | Annual Taxes | $3,444 ($0.71/SF) |
| Improvements Assessment | $94,800 | Tax Year | 2025 |
Property Taxes
Parcel Number
08-042-0415.000
Land Assessment
$5,950
Improvements Assessment
$94,800
Total Assessment
$100,750
Annual Taxes
$3,444 ($0.71/SF)
Tax Year
2025
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1801 Main St
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