About 607-609 1/2 Allegheny Avenue
Fully Renovated 4-Unit multi-Plex | Cap Rate: 14.6% This turnkey 4-unit property was fully remodeled in May 2024, eliminating the headaches of deferred maintenance and positioning it as a high-yield investment. Tenants pay their own utilities. Recent Upgrades: New kitchens, Stoves, and Refrigerators; new full bathrooms; updated flooring throughout; new plumbing with PEX fixtures, shut-off valves, and new hot water tanks; new 90% efficient gas furnaces were installed in each unit; new sewer lines. Select units that have been upgraded with new windows and electrical panels. Investment Highlights: Cap Rate: 14.6% Strong cash flow with updated mechanicals and finishes Annual Leases, Low near-term maintenance risk due to extensive renovations, Multiple units were already modernized, making them attractive to quality tenants. This property combines IMMEDIATE INCOME with long-term stability, making it ideal for investors seeking both yield and reduced capital expenditure risk.
Features of 607-609 1/2 Allegheny Avenue
| MLS® # | 1719801 |
|---|---|
| Price | $369,000 |
| Bathrooms | 0.00 |
| Acres | 0.10 |
| Year Built | 1916 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Style | Fourplex |
| Status | Active |
Community Information
| Address | 607-609 1/2 Allegheny Avenue |
|---|---|
| Area | Glassport |
| City | Glassport |
| County | Allegheny-East |
| State | PA |
| Zip Code | 15045 |
Amenities
| Utilities | Electricity Available, Natural Gas Available, Sewer Available, Water Available |
|---|---|
| Features | Public Transportation |
| Parking | On Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | Yes |
| Basement | Unfinished |
Exterior
| Lot Description | 0.1033 |
|---|---|
| Roof | Asphalt |
| Construction | Frame |
School Information
| District | South Allegheny |
|---|
Additional Information
| Date Listed | September 5th, 2025 |
|---|---|
| Days on Market | 11 |
| Zoning | comm |
Listing Details
| Office | INTEGRITY PLUS REALTY |
|---|---|
| Contact Info | office@integrityplusrealty.com |