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2807 Middle Rd 8 Unit Apartment Building $795,000 ($99,375/Unit) Allison Park, PA 15101
INVESTMENT HIGHLIGHTS
- Great location near parks and a cafe
- The outdoor area has benches and a picnic table, most units have a patio or porch off of them
EXECUTIVE SUMMARY
8 Unit apartment building in a great location. Within walking distance to Hartwood Acres County park, the Wine Cave, and a small cafe. 5 of the units have been completely remodeled, the other 3 units are in very good condition. The updated units have stainless steel appliances and granite counter tops. All of the apartments have 2 off street parking spaces. The building sits on 2.21 acres (possible sub-division of an extra building lot) Owner pays water and sewer, and house electric.
Rents are low for the area. Owner has not had a vacancy since he bought it.
Rents are low for the area. Owner has not had a vacancy since he bought it.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $795,000 | Building Class | C |
| Price Per Unit | $99,375 | Lot Size | 2.21 AC |
| Sale Type | Investment | Building Size | 7,740 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1959 |
| Apartment Style | Low-Rise | Parking Ratio | 2.07/1,000 SF |
| Zoning | RB - Non-conforming use, Township approved. | ||
| Price | $795,000 |
| Price Per Unit | $99,375 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 2.21 AC |
| Building Size | 7,740 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1959 |
| Parking Ratio | 2.07/1,000 SF |
| Zoning | RB - Non-conforming use, Township approved. |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Heating
- Ceiling Fans
- Kitchen
- Granite Countertops
- Refrigerator
- Stainless Steel Appliances
- Range
- Tub/Shower
- Yard
- Double Pane Windows
SITE AMENITIES
- Laundry Facilities
- Trash Pickup - Curbside
- Private Bathroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 0721-N-00245-0000-00 | Total Assessment | $289,100 (2025) |
| Land Assessment | $111,400 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $177,700 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
0721-N-00245-0000-00
Land Assessment
$111,400 (2025)
Improvements Assessment
$177,700 (2025)
Total Assessment
$289,100 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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2807 Middle Rd
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