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

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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.

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
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 -

Property Taxes

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
  • Listing ID: 39011150

  • Date on Market: 1/8/2026

  • Last Updated:

  • Address: 934 Wood St, Latrobe, PA 15650

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