1200-1202 Montezuma St
Property Description
Fully occupied 4 unit building. 2 of 4 units are HACP Voucher assisted. 3 units have potential for sizable rent increases. Mostly longer term tenants in place that would like to stay. With some updates and raising rents closer to fair market values on the voucher payment standards, this property has potential to produce a very healthy return. Current rents produce a 12.5 CAP if self managed or 11 CAP with use of a PM. Current gross rents of 4062/month.
Broker Details
Coldwell Banker Real Estate Services (412) 548-1202
MLS ID: 221279 State License Number: RS327268
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $285,000 |
| No. of Units: | 4 |
| Year Built: | 1900 |
| Opportunity Zone: | No |
| Price per unit: | $71,250 |
| Property Website | Click Here |
| Number of Bedrooms: | 9 |
| Number of Bathrooms: | 0 |
ID: 3yd-WPMLPA-1782164
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