1410-1412 Franklin Ave


1410-1412 Franklin Ave,15221

  • 1410-1412 Franklin Ave
  • 1410-1412 Franklin Ave
  • 1410-1412 Franklin Ave
  • 1410-1412 Franklin Ave
  • 1410-1412 Franklin Ave

$35,000

Rock Solid Brick Duplex

This is a rock solid duplex in a good part of Wilkinsburg near East Hills on a quiet street. It’s an all brick building with hardwood floors and a good long term investment. The two tenants recently moved out due to expanding families. The property needs about $3000 in cosmetic repairs – mainly painting and cleaning. This has a strong 25% Cap Rate.

Purchase Price: $31,900

Repairs: $3000

Acquisition & Repairs: $34,900

Total Monthly Income:$1190

Monthly Expenses:
Water: $120
Taxes: $170
Insurance: $65
Maintenance/Landscaping: $50

Total Monthly Expenses: $405

Total Monthly Cash Flow: $785

Annual Net Cash Flow: $9420

Cap Rate: 25%

Listing Type: For Sale

Zip Code: 15221

Bedrooms: 2X2

Bathrooms: 2

Living SqFt: 2,016