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Listed by REALTY ONE GROUP ULTIMATE
$ 3,000,000
Est. payment /mo
Active
204 W Boyd Avenue and 19 More City Of But Ne, PA 16001
1.87 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1751180
HOA Y/N No
Annual Tax Amount $24,837
Lot Size 1.870 Acres
Acres 1.87
Property Sub-Type Other
Property Description
Presenting a 28-unit SFH & multifamily portfolio diversified across 20 properties
primarily in the Butler, PA area, just one hour North of Pittsburgh. The portfolio has
undergone extensive updates since 2019 with 75% of the properties receiving some or
all of: light to heavy interior remodeling, roof, sewer line, HVAC, HW tank, and electric
improvements since that time. These recent updates combined with tenant-paid
utilities and routine maintenance keeps the current operating expenses low and future
CapEx minimal. Additionally, approximately 30% of the units currently receive below
market rent for their present condition, providing built-in rent growth opportunities,
tenant turnover protection, and a massive upside for any investor.
Opportunities to acquire this level of scale, yield, and upside in a single transaction are
increasingly rare. Simply put, this portfolio delivers a compelling combination of
immediate cash flow, operational efficiency, and strong value-add potential.
primarily in the Butler, PA area, just one hour North of Pittsburgh. The portfolio has
undergone extensive updates since 2019 with 75% of the properties receiving some or
all of: light to heavy interior remodeling, roof, sewer line, HVAC, HW tank, and electric
improvements since that time. These recent updates combined with tenant-paid
utilities and routine maintenance keeps the current operating expenses low and future
CapEx minimal. Additionally, approximately 30% of the units currently receive below
market rent for their present condition, providing built-in rent growth opportunities,
tenant turnover protection, and a massive upside for any investor.
Opportunities to acquire this level of scale, yield, and upside in a single transaction are
increasingly rare. Simply put, this portfolio delivers a compelling combination of
immediate cash flow, operational efficiency, and strong value-add potential.
Location
State PA
County Butler
Area City Of But Ne
Zoning Res
Interior
Interior Features InteriorFeatures
Fireplace No
NEARBY SCHOOL & BUSINESS
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