4200 Arnold Ave
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4200 Arnold Ave
12 Unit Apartment Building $625,000 ($52,083/Unit) Lower Burrell, PA 15068
Executive Summary
This well-maintained property features a 10-unit apartment building alongside a duplex, offering a total of 12 rental units on a single parcel. Nestled in the serene area of Lower Burrell, this complex promises a peaceful setting and steady income potential. The 10-unit building includes convenient coin-operated laundry facilities and dedicated storage lockers for tenant use, adding extra appeal for residents. Ample off-street parking accommodates all tenants comfortably, and new carpeting throughout the common areas enhances the property's clean and modern feel. Tenants are responsible for their own electric, water, and sewage, creating a straightforward management experience. This property represents a prime addition to any rental portfolio!
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $625,000 | Apartment Style | Low Rise |
| Price Per Unit | $52,083 | Building Class | C |
| Sale Type | Investment | Building Size | 9,370 SF |
| No. Units | 12 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1933/1990 |
| Price | $625,000 |
| Price Per Unit | $52,083 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Building Size | 9,370 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1933/1990 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
| 2+1 | 7 | - | - |
1 of 1
PROPERTY TAXES
| Parcel Number | 17-01-12-0-045 | Improvements Assessment | $18,180 (2024) |
| Land Assessment | $2,820 (2024) | Total Assessment | $21,000 (2024) |
PROPERTY TAXES
Parcel Number
17-01-12-0-045
Land Assessment
$2,820 (2024)
Improvements Assessment
$18,180 (2024)
Total Assessment
$21,000 (2024)
-
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4200 Arnold Ave
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