529 Birch Street

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529 Birch Street

New Kensington, PA 15068
Asking Price
$410K
Cap Rate
8.6%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Townhomes! Very Well-Maintained. Upside. <ul><li>​5 very well-maintained two bedroom, one bath townhomes units</li><li>​All units have laundry hookups and dishwashers</li><li>​Each unit has a back patio</li><li>​All electric property with tenants paying electric (heat), water and sewer</li><li>​Quick under-30-minute drive to downtown Pittsburgh</li><li>​Tight-knit riverfront community with tree-lined streets</li><li>​Ongoing downtown revitalization</li><li>​Tenant-paid utilities</li><li>​Stable, income-producing addition to any portfol

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NOI
$80,000
Cap Rate
19.51%
DSCR
3.29
Strong
Cash-on-Cash
45.25%
Monthly Payment
$2,028.456
Annual Cash Flow
$55,658.524

Location & Travel Times