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Listed by HOWARD HANNA REAL ESTATE SERVICES
$ 225,000
Est. payment /mo
Active Under Contract
216 E Jackson St Houston, PA 15342
9,583 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Apartment
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 1747074
HOA Y/N No
Year Built 1920
Annual Tax Amount $3,087
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type Apartment
Property Description
Great investment opportunity with this 3 unit building. Income generating with 1 unit currently occupied by long term tenant (12 yrs). 2nd unit was recently renovated but has not been marketed since completion of renovations, offering immediate lease-up potential. Recently completed the addition of a 3rd unit, also ready to market for additional lease-up potential. Renovated unit improvements include new appliances, bathroom flooring, paint, etc. Potential cap rate for fully leased at market rates is 6.7%. Located 1 block from Washington County County Line bus route.
There is a 2nd structure in the rear of the parcel, which is uninhabitable.
There is a 2nd structure in the rear of the parcel, which is uninhabitable.
Location
State PA
County Washington
Area Houston
Zoning R
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
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