$225,000/mo

216 E Jackson St, Houston, PA 15342

Rent shown is base rent as provided by the property owner or manager. Additional mandatory fees, deposits, or utilities may apply and are set by the property owner or manager.

Rental
Built in 1920
9,583sqft lot
—— car garage
$——/sqft
Listed 1 month ago

Property Description

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.