741 Camp Hollow Rd, West Mifflin, PA 15122

$600,000

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List Price
$600,000
Status
ACTIVE
MLS#
WESTPENN-1761245
Acres
3.91
Lot Size
170,493
Region
West Mifflin

Property Description

Incredible Value-Add Investment Opportunity at 741 Camp Hollow Road in West Mifflin! Bring your vision and unlock the tremendous potential of this 70-unit apartment complex situated on nearly 4 acres in a highly accessible location. This property consists of 37 one-bedroom units and 33 efficiency units, offering investors a rare opportunity to reposition and revitalize a large multifamily asset in a market with strong rental demand. Each unit is equipped with its own hotel-style heating and air conditioning system, while the expansive parking lot provides ample parking for residents and guests. One major capital improvement has already been completed, with a new roof installed in 2021. The income potential is substantial. Based on current area rental averages of approximately $885 per month for one-bedroom units and $662 per month for efficiency units, the property has the potential to generate over $600,000 in annual gross rental income once stabilized. Location is another major advantage. The property is conveniently situated near several major employers, including the US Steel facilities, the Naval Nuclear Laboratory, and the RIDC Industrial Park. Residents will also enjoy easy access to shopping, dining, and everyday conveniences. Additionally, the nearby Route 43 extension provides excellent connectivity throughout the Mon Valley and beyond, enhancing the property's appeal to commuters. Whether you're an experienced multifamily investor, redevelopment specialist, or looking for your next large-scale value-add project, 741 Camp Hollow Road presents a rare opportunity to create significant long-term cash flow and equity growth. Don't miss your chance to transform this exceptional West Mifflin investment property into a high-performing income-producing asset.

Additional Information

Taxes
$9,952
Lot Dimensions
3.914

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Listing courtesy of BERKSHIRE HATHAWAY THE PREFERRED REALTY.

INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED. Listings courtesy of WEST PENN MULTILIST, INC.