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- LoopNet Team
421 Ohio Ave
Clairton, PA 15025
Multifamily Property For Sale
·
18 Units
PROPERTY FACTS
| No. Units | 18 | Lot Size | 0.43 AC |
| Property Type | Multifamily | Building Size | 15,000 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1960 |
| Building Class | C | Parking Ratio | 1.33/1,000 SF |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.43 AC |
| Building Size | 15,000 SF |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 1.33/1,000 SF |
AMENITIES
SITE AMENITIES
- Trash Pickup - Curbside
ABOUT 421 OHIO AVE , CLAIRTON, PA 15025
18 Units located at 421 Ohio Ave, Clairton, PA 15225 – only 35min from downtown Pittsburgh. For Sale $594,000 ($33,000 per unit). The property has undergone some renovations. An outstanding investment opportunity with upside potential! Ownership immediate sale. The building consists of 5 two-bedroom, one bathroom units, 12 one-bedroom 1 bathroom units and 1 one bedroom unit that needs to be rehabbed. It’s a two story all brick building and located on .43 acres. Half or the units have been fitted with new furnaces (2017). Currently the property is 60% occupied. Projected Net Operating Income at 100% Occupancy is $104,220 or a 17.5% Cap at the Asking Price of $594,000. Currently the property is 60% Occupied. All units vary in size. Laundry Room provides additional income. There is a full unfinished basement. Owner paid heat, Trash Removal and Water / Sewer, tenant paid electric.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
| 2+1 | 12 | - | - |
PROPERTY TAXES
| Parcel Number | 0657-J-00190-0000-00 | Improvements Assessment | $191,600 |
| Land Assessment | $40,000 | Total Assessment | $231,600 |
PROPERTY TAXES
