This is a apartment for rent with 2 bedrooms and 1 bathrooms.
This is a huge 4 unit building. Solid 2 block thick foundation. It has a slate roof, and is all brick except a small addition that was sided, and could use new siding (3-4 square of siding). The 2nd and 3rd floor apartments are very big size (approximate 1,200 sq. feet per floor).
This property is being sold with the financing left in place. You will need to have $30,000 down plus closing costs. The total needed to bring to closing will be around $33,000. There is a mortgage that you will be able to take over the payments on with a balance of approximately $70,000 (likely less than 70K at closing). The monthly payment is around $675 per month, and that covers principal, interest, taxes, and insurance. This is a 30 year loan with 27 years left to pay. The building, when fully rented, brings in a minimum of $1,750 and the payment will be only $675! That means around $300 per door positive cash flow per month!
Call for more information or to set an appointment. 412-799-0525
Property Details
| Location |
Pittsburgh, US |
|
Property type |
Apartment for Rent |
| Number of Bedrooms |
2 |
| Number of Bathrooms |
1 |
|
Date Posted |
2011-05-10 14:53:52 |
|
Last Changed |
2011-06-10 00:00:00 |
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