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242-244 Dougherty Ave 4 Unit Apartment Building $175,000 ($43,750/Unit) 20.59% Cap Rate Sharon, PA 16146
Executive Summary
A great investment opportunity in a lovely Sharon neighborhood, this fully occupied property offers four unique living spaces with strong rental appeal. Unit 1 features a spacious two-story layout with three bedrooms, a large living room, front and rear entrances with porches, and basement access for laundry. Unit 2 is a charming first-floor unit with one bedroom and basement access for additional storage. Unit 3, located on the second floor, offers an efficient one-bedroom layout, while Unit 4 occupies the entire third floor and includes two large bedrooms. The property also provides off-street parking and a garage for extra storage, enhancing its overall value for residents and investors alike.
Property Facts
| Price | $175,000 | Property Subtype | Apartment |
| Price Per Unit | $43,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 20.59% | Building Size | 6,480 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1933 |
| Zoning | R-2 | ||
| Price | $175,000 |
| Price Per Unit | $43,750 |
| Sale Type | Investment |
| Cap Rate | 20.59% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 6,480 SF |
| No. Stories | 2 |
| Year Built | 1933 |
| Zoning | R-2 |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+1 | 2 | - | - |
| 3+1.5 | 1 | - | - |
1 1
Property Taxes
| Parcel Number | 2-AB-52 | Improvements Assessment | $26,700 |
| Land Assessment | $2,250 | Total Assessment | $28,950 |
Property Taxes
Parcel Number
2-AB-52
Land Assessment
$2,250
Improvements Assessment
$26,700
Total Assessment
$28,950
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242-244 Dougherty Ave
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