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New Brighton, PA 150661083 PA-68

New Brighton, PA 15066, USA

List price

$115,000

$•••,•••

14

beds

14

baths

1973-01-01

built

Multi Family

1083 PA-68, New Brighton, PA 15066, USA, photo 1
1 / 5

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Story

ASSIGNMENT OF CONTRACT Excellent opportunity in a booming area! Priced to sell FAST. Big reno brings big rewards! 10 spacious units all 1 Bed/1 Bath. Currently vacant and in need of repair. The front unit could be used as a commercial area or an 11th unit. Sold as-is. Contractor estimate is 300-400k for reno. Convenient location: 7 minutes from Zelienople and 15 minutes to Cranberry. Easy commute to the Shell Cracker plant which is scheduled to open in 2022. 1bed/1bath in this area brings $750/month. Only asking $170,000 to sell FAST! Conservative estimated ARV is 600-700k.

Property details

16 property details

16 details

Property

· The bones — what the buyer sees first

Bedrooms

14

Full baths

14

Year built

1973

Stories

2

Units

11

Property type

Multi Family

Occupancy

Vacant

Condition (1–5)

2

Neighborhood

New Brighton

County

Beaver

Financials

· What it earns and what it costs to hold

ARV (after repair)

$700,000

Tax-assessed value

$49,550

Property tax rate

1.7%

Cap rate

13.14%

Cash-on-cash return

276%

Monthly cash flow

$1,149 /mo

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