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Fourplex, Quadruplex - Glassport, PA
Fully Renovated 4-Unit multi-Plex | Cap Rate: 14.6% This turnkey 4-unit property was fully remodeled in May 2024, eliminating the headaches of deferred maintenance and positioning it as a high-yield investment. Tenants pay their own utilities.
Recent Upgrades:
New kitchens, Stoves, and Refrigerators; new full bathrooms; updated flooring throughout; new plumbing with PEX fixtures, shut-off valves, and new hot water tanks; new 90% efficient gas furnaces were installed in each unit; new sewer lines.
Select units that have been upgraded with new windows and electrical panels.
Investment Highlights:
Cap Rate: 14.6%
Strong cash flow with updated mechanicals and finishes
Annual Leases, Low near-term maintenance risk due to extensive renovations, Multiple units were already modernized, making them attractive to quality tenants. This property combines IMMEDIATE INCOME with long-term stability, making it...
Annual Leases, Low near-term maintenance risk due to extensive renovations, Multiple units were already modernized, making them attractive to quality tenants. This property combines IMMEDIATE INCOME with long-term stability, making it ideal for investors seeking both yield and reduced capital expenditure risk.
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