Property Description

Calling all investors! Welcome to 230 6th St, a value-add triplex located in Blawnox within the Fox Chapel Area School District. This three-unit multifamily property features three 1-bedroom, 1-bath units and offers a great opportunity for an investor looking to add to their portfolio and build additional value. Two of the three units are currently tenant occupied, generating a combined $1,375/month in rental income, while the remaining unit is vacant and was in the process of being renovated. Apartment 2 is currently rented at $625/month, and the Basement Unit is rented at $750/month. The vacant unit provides an opportunity to complete the renovation and add an additional income-producing unit. Tenants reportedly pay their own gas, electric, Wi-Fi, and cable, while the landlord is responsible for water and sewer. Additional features include three separate electric meters, a shared laundry area, approximately two off-street parking spaces, and additional on-street parking. With existing rental income, an additional unit ready for completion, and plenty of potential for continued improvements, 230 6th St presents a great opportunity for an investor looking for their next multifamily project. Property is an Estate sale and is being sold strictly As-Is, Where-Is.