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934 Wood St 15 Unit Apartment Building $275,000 ($18,333/Unit) 10.31% Cap Rate Latrobe, PA 15650



Investment Highlights
- Close to Latrobe
- Large Parking Area
Executive Summary
934 Wood Street is just a few streets over the border between Derry and Latrobe, and close enough to walk to downtown Latrobe. It might not be pretty but it's a cash cow that a serious investor won't want to miss! 2 3 bedroom units, 2 2 bedroom units and 1 commercial space. Once home to an audio recording studio and school, the building is solid and quiet, with lots of parking and even more potential. New roof. Sold as-is.
Maint est at 8%yr, Other expenses est 8%yr for prope mgt, estimated $75/mo coin laundry | 10.31% Cap Rate | Utilities not split | Limited in-person showings, email for details | Video tour is available, have buyers drive by before requesting a showing | There is no P&L, see supplements for all information I can provide, I will not be able to provide better accounting so your buyer must be satisfied with this before making an offer | Sold as-is
Disclaimer: All square footage, building age, income, expenses, and other property information are provided by the seller or are based on estimates and available documentation. While believed to be accurate, this information cannot be guaranteed. Buyers and their representatives are responsible for performing their own due diligence, including verification of all financials, measurements, condition, zoning, and suitability of the property for their intended use.
Maint est at 8%yr, Other expenses est 8%yr for prope mgt, estimated $75/mo coin laundry | 10.31% Cap Rate | Utilities not split | Limited in-person showings, email for details | Video tour is available, have buyers drive by before requesting a showing | There is no P&L, see supplements for all information I can provide, I will not be able to provide better accounting so your buyer must be satisfied with this before making an offer | Sold as-is
Disclaimer: All square footage, building age, income, expenses, and other property information are provided by the seller or are based on estimates and available documentation. While believed to be accurate, this information cannot be guaranteed. Buyers and their representatives are responsible for performing their own due diligence, including verification of all financials, measurements, condition, zoning, and suitability of the property for their intended use.
Financial Summary (Pro Forma - 2026) 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 (Pro Forma - 2026) 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 | $275,000 | Apartment Style | Low-Rise |
| Price Per Unit | $18,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.34 AC |
| Cap Rate | 10.31% | Building Size | 2,800 SF |
| No. Units | 15 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment | Parking Ratio | 5.36/1,000 SF |
| Price | $275,000 |
| Price Per Unit | $18,333 |
| Sale Type | Investment |
| Cap Rate | 10.31% |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 2,800 SF |
| No. Stories | 2 |
| Year Built | 1900 |
| Parking Ratio | 5.36/1,000 SF |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 4 | $1,040 | - |
| 2+1 | 6 | $827.50 | - |
| Studios | 5 | $451.00 | - |
1 1
Property Taxes
| Parcel Number | 45-40-07-0-117 | Total Assessment | $28,860 (2025) |
| Land Assessment | $4,440 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $24,420 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
45-40-07-0-117
Land Assessment
$4,440 (2025)
Improvements Assessment
$24,420 (2025)
Total Assessment
$28,860 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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Videos
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Photos
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Street
Map
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934 Wood St
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