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216 E Jackson St, Houston, PA, 15342

2beds
3baths
--sqft
$225,000
--price/sqft
$1,657/moest. monthly cost
$66,280/yrincome needed

About This Home

Great investment opportunity with this 3 unit building. Income generating with 1 unit currently occupied by long term tenant (12 yrs). 2nd unit was recently renovated but has not been marketed since completion of renovations, offering immediate lease-up potential. Recently completed the addition of a 3rd unit, also ready to market for additional lease-up potential. Renovated unit improvements include new appliances, bathroom flooring, paint, etc. Potential cap rate for fully leased at market rates is 6.7%. Located 1 block from Washington County County Line bus route. There is a 2nd structure in the rear of the parcel, which is uninhabitable.

Getting Around

52
WalkingSomewhat Walkable
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1920

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex,Multi Family,Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3

Property

Details

  • Zoning: R
  • Zoning description: R

Lot

  • Lot size: 9,583 sqft
  • Lot size dimensions: 0.22

Parking

  • Parking features: Off Street