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2262 Darlington Rd 2262 Darlington Rd

4 Unit Apartment Building $445,000 ($111,250/Unit) 7.98% Cap Rate Beaver Falls, PA 15010

Investment Highlights

  • Fully Updated
  • High end finishes
  • Commercial Zoning
  • Excellent condition and well maintained
  • Growing Area
  • Large level lot with additional space for another building

Executive Summary

Beautiful well maintained brick 4 plex that is completely updated.Higher end finishes including granite kitchen counters,solid wood 42" upper cabinets, upper and under cabinet lighting,Stainless steel appliances, ceramic tile entry,hardwood floors through out the apartment, tiled showers, overhead lighted fans.Each unit has its own electric meter-currently included with the rent.Attic space could be made into a 5th unit-electric panel and some plumbing already in place with entrance off of the 2nd floor common area.Updated pex plumbing with manifold for easy shut offs to the units when working on them.Gas furnace with central AC heats and cools entire complex and is included in the rent. Large instant gas hot water tank supplies the whole complex also.Coin operated common area laundry gives added value.2 single car garages are part of the Apt A and Apt B's rent($75/mo).Large back yard is flat and could be used for an additional building-zoned C-1 with RCO-residential collector overlay.

Data Room Click Here to Access

Financial Summary (Pro forma - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $445,000
Price Per Unit $111,250
Sale Type Investment
Cap Rate 7.98%
Gross Rent Multiplier 6.77
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Lot Size 0.70 AC
Building Size 3,438 SF
Average Occupancy 75%
No. Stories 2
Year Built/Renovated 1948/2013
Parking Ratio 2.33/1,000 SF

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Heating
  • Ceiling Fans
  • Crown Molding
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Walk-In Closets
  • Wi-Fi
  • Yard
  • Double Pane Windows
  • Instant Hot Water
  • Lawn

Site Amenities

  • Laundry Facilities
  • Wi-Fi
  • Private Bathroom

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 $1,375 700 - 850

zoning

Zoning Code C-1 (Provide land for commercial and service uses that supplement and support the surrounding resdential area)
C-1 (Provide land for commercial and service uses that supplement and support the surrounding resdential area)
  • Listing ID: 34371707

  • Date on Market: 1/4/2025

  • Last Updated:

  • Address: 2262 Darlington Rd, Beaver Falls, PA 15010

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