2204 Constitution Blvd

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2204 Constitution Blvd

New Kensington, PA 15068
Asking Price
$560K
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

All Units Have Central Air. Well-Maintained. <ul><li>​Well-maintained eight-unit apartment building</li><li>​Fully occupied (0% vacancy)</li><li>​Below market rents with upside potential</li><li>​Pro-forma cap rate of 8.65% at market rents</li><li>​Established Pittsburgh suburb location</li><li>​Quick 30-minute drive to Downtown Pittsburgh</li><li>​Strong rental demand driven by proximity to city amenities</li></ul>

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NOI
$80,000
Cap Rate
14.29%
DSCR
2.41
Strong
Cash-on-Cash
27.83%
Monthly Payment
$2,770.574
Annual Cash Flow
$46,753.107

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