19 Clearview Ave


19 Clearview Ave, Duquesne, PA, 15110

  • 19 Clearview Ave
  • 19 Clearview Ave
  • 19 Clearview Ave
  • 19 Clearview Ave
  • 19 Clearview Ave

$25,000

Rock Solid Brick 3 Unit Investment

This property is massively under rated. The taxes are way to high and are in the process of being dramatically reduced by the Allegheny tax assessment. It’s a jewel of a building. Fully rented and in good condition on a quiet street. 
Expect the Cap Rate to increase to about 20% when the taxes are lowered. If the new owners chooses to separate the gas,adding two small furnaces the rent will increase even more. This is a quality long term by and hold. It is actually assessed by the country at over twice the asking price at $114,000

Total Monthly Income: $1385

Monthly Expenses:

Taxes: $360

Insurance: $60

Water: $150

Gaz:$250

Total Monthly Expenses: $820

Total Monthly Cash Flow: $565

Total Annual Cashflow: $6,780

Cap Rate: 13,5%

Listing Type: For Sale

Zip Code: 15110

Bedrooms: 2X2, 1X1

Bathrooms: 3

Living SqFt: 3,080