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Listed by EXP REALTY LLC
$ 239,900
Est. payment /mo
New
1526 2nd Ave Beaver Falls, PA 15010
3,920 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1766531
Style Fourplex
HOA Y/N No
Year Built 1910
Annual Tax Amount $1,931
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Quadruplex
Property Description
Discover a strong investment opportunity in Beaver Falls with this well-maintained 4 unit multifamily property. Each unit features a 2-bedroom, 1-bath layout, making them highly attractive to a broad tenant base. The property is separately metered for water, gas, and electric, helping minimize owner expenses, simplifying property management (Each tenant pays their own utilities), and ultimately increasing Net Operating Income. The building offers on-site laundry for additional tenant convenience, while the two upper-level units feature private outdoor porch space— increasing tenant appeal. Three of the four units are currently leased, generating approximately $27,000 in annual gross rental income. The vacant main-level unit has been updated and is rent-ready, providing the opportunity for an investor to quickly rent the unit after acquisition; or perfect for an Owner Occupant - Live in one unit while renting the others. With immediate upside through lease-up and future rental optimization, this property presents an attractive opportunity for both new and seasoned investors. The pro forma demonstrates a clear path to an estimated 9–10% capitalization rate and a projected 15%+ cash-on-cash return in Year 1 with hypothetical financing. (See Offering Memorandum for assumptions and details.)
Location
State PA
County Beaver
Area Beaver Falls
Zoning MUL
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Parking Features On Street
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Roof Type Asphalt
Building
Architectural Style Fourplex
Structure Type Brick
Schools
School District Beaver Falls Area
NEARBY SCHOOLS & PROPERTIES
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