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    344 S Washington Street

    Evans City Boro, PA 16033
    • $339,000
    • STATUS: Active
    • ON SITE: 78 days
    • MLS #: 1485130
    UPDATED: 36 min ago
    $339,000
    • 0
      BEDS
    • 0.6
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Great investment opportunity in Evans City. Mixed use property featuring established city Laundromat with 8 rental units centrally located in Evans City Business district. Currently 7 of the 8 units are rented with long term tenants and Laundromat is open to the public enabling positive cash flow. This brick and frame structure features newer mechanicals which have been updated over the past three years and provides a well needed service to the Evans City Community. Positive cash flow is demonstrated with existing rent roll currently. Updating and rental adjustments will strongly enhance cash flow, making it a opportunistic investment.

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    © 2021 West Penn Multi-List, Inc. All Rights Reserved. INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-05-16T09:45:32.727.
    www.dtumpa.com/homes/114549360
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    344 S Washington Street Evans City Boro, PA 16033

    • Price: $339,000
    • Status: Active
    • Updated: 36 min ago
    • MLS #: 1485130
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.6
    Acres
    County:
    Butler
    Area:
    Evans City Boro
    Property Description
    Great investment opportunity in Evans City. Mixed use property featuring established city Laundromat with 8 rental units centrally located in Evans City Business district. Currently 7 of the 8 units are rented with long term tenants and Laundromat is open to the public enabling positive cash flow. This brick and frame structure features newer mechanicals which have been updated over the past three years and provides a well needed service to the Evans City Community. Positive cash flow is demonstrated with existing rent roll currently. Updating and rental adjustments will strongly enhance cash flow, making it a opportunistic investment.
    Exterior Features

    Construction Materials BrickFrame Lot Size Dimensions 195 X 263 Apprx

    Property Features

    Gross Income 45272 Insurance Expense 1735 Net Operating Income 13325 Parking Total 12 Property Sub Type Retail Tax Annual Amount 5950 Tax Assessed Value 33050 Utilities Electricity AvailableNatural Gas AvailableSewer AvailableWater Available Zoning Description Com/R

    Courtesy of Howard Hanna Adams Twp/Seven Fields Office. © 2021 West Penn Multi-List, Inc. All Rights Reserved. Information Deemed Reliable But Not Guaranteed.


    © 2021 West Penn Multi-List, Inc. All Rights Reserved. INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-05-16T09:45:32.727.
     
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    Dave Tumpa Team | Howard Hanna Real Estate Services
    8413 Perry Highway
    Pittsburgh PA, 15237