REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Listed by COLDWELL BANKER REALTY

$ 48,000

Est. payment -/mo

Save Video Tour

New

1724 Federal Mckeesport, PA 15132

3 Beds

2 Baths

1,360 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,360 sqft

Price per Sqft $35

MLS Listing ID 1770355

Style Two Story

Bedrooms 3

Full Baths 1

Half Baths 1

Construction Status Resale

HOA Y/N No

Year Built 1910

Annual Tax Amount $617

Lot Size 2,874 Sqft

Acres 0.066

Property Sub-Type Single Family Residence

Property Description

Great investment opportunity with a long term tenant already in place! This 3 bedroom, 1.5 bath property offers investors an affordable opportunity to add an income producing property to their portfolio. The property features a spacious living area, ample fenced in yard, and plenty of cabinetry for storage in your kitchen. At the current rental rate, the property produces approximately $10,080 in gross annual rental income. That's an estimated 14.7% annual return based solely on rent after taxes and insurance. Over the next ten years, an investor can anticipate $70,630 estimated income, and $22,630 estimated gain after recovering the $48,000 purchase price, all without factoring in property appreciation or equity growth! Whether you're an experienced investor looking to expand your portfolio or someone looking for an affordable first investment property, this one is worth a look! (All figures are estimates based on current rent, taxes, insurance, and other factors).

Location

State PA

County Allegheny-east

Area Mckeesport

Interior

Interior Features InteriorFeatures

Heating Forced Air, Gas

Flooring Carpet, Laminate

Fireplace No

Exterior

Parking Features On Street

Pool None

Water Access Desc Public

Roof Type Asphalt

Building

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Two Story

Level or Stories Two

Structure Type Frame

Construction Status Resale

Schools

School District Mckeesport Area

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Heather Gilbert

Broker Associate | License ID: AB068509

+1(724) 998-5954

QUICK SEARCH