INVESTMENT OPPORTUNITY — TENANT OCCUPIED! Add this affordable income-producing property to your rental portfolio. This 2-bedroom, 1-bathroom single-family home is currently tenant occupied, providing an opportunity for an investor to purchase a property with an existing rental income stream. Located within the McKeesport Area School District, this property offers an attractive price point for investors looking for a single-family rental with strong potential. At the current rental rate of $850/month, the property generates approximately $10,200 in gross annual rental income and $102,000 over 10 years. At a purchase price of $45,000, the projected gross annual rental return is approximately 22.7%, with an estimated 10-year gain of $57,000 based on gross rental income less the purchase price. Whether you’re an experienced investor looking to expand your portfolio or searching for an affordable entry into real estate investing, this property is worth a look. Tenant occupied. Buyer to verify all rental information, terms, and property details. Property is being sold as-is.
Listing courtesy of COLDWELL BANKER REALTY.
INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED. Listings courtesy of WEST PENN MULTILIST, INC.