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Herman St Apartments

4 Properties Offered at $350,000 in Duquesne, PA

Investment Highlights

  • 6,780 SF Multifamily / Single Family Rental Portfolio investment opportunity
  • Close proximity to amenities and transportation
  • Diverse tenant base for reduced vacancy risk
  • 57% occupancy offers immediate income potential
  • Investment opportunity with steady cash flow

Executive Summary

This portfolio features several quadplexes, totaling seven properties, each offering 2 bedrooms, 1 bathroom, and the convenience of a private garage. Four properties are rented, providing stable rental income and immediate cash flow. The remaining three homes present an excellent opportunity for value addition; two are primed for updating and repairs, and one is fully gutted and ready for a complete transformation. This setup offers a unique chance to customize and enhance each property, unlocking the potential for increased rental income and equity growth. Situated in the quiet, historic community of Duquesne, these properties blend current rental stability with future investment potential, making this portfolio a compelling opportunity for any real estate investor.

Property Facts

Price $350,000
Price / SF $51.47 / SF
Sale Conditions Bulk/Portfolio Sale
Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 6,800 SF
Total Land Area 0.48 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
110-112 Herman Ave, Duquesne, PA 15110 Multifamily 1,872 SF 1950 -
106-108 Herman Ave, Duquesne, PA 15110 Multifamily 2,100 SF 1950 -
105-107 Herman Ave, Duquesne, PA 15110 Multifamily 1,892 SF 1945 -
102 Herman Ave, Duquesne, PA 15110 Specialty 936 SF 1950 -
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  • Listing ID: 33297358

  • Date on Market: 9/25/2024

  • Last Updated:

  • Address: Herman St Apartments, Duquesne, PA

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