38-40 Walnut St

Closed

Listed by: ARBORS REAL ESTATE, LLC (844) 727-2677

Unique value add investment opportunity for the savvy investor! New roof in 2023! This property has four residential units and 16 garages! 100% occupied! There are two 1br units and two 2br units. Gas and electric is separate and tenants can pay directly. Water and sewer are landlord responsibility and these expenses are recouped by a utility reimbursement fee imposed on the tenants. The two 1 bedroom units are in great shape and well kept. The two 2 bedroom units could use updating at turnover. All garages are rented and present an opportunity for upgrades and increased rent. Long term tenants in place. Access to the gravel parking lot where all the garages are located is from High st. Can you see the potential?

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Price:$$399,900
Address:38-40 Walnut St
City:Etna
County:Allegheny-North
State:Pennsylvania
Zip Code:15223
MLS:1674380
Year Built:1900
Acres:0.419
Lot Square Feet:0.419 acres
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