608 Evans Ave Active

Mckeesport,PA 15132

$ 830000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1647617

Originating Board WESTPENN

Year Built 1925

Annual Tax Amount $5,086

Lot Size 2,665 Sqft

Acres 0.0612

Lot Dimensions 0.0612

Property Description

Invest in cash flowing apts with commercial space - “Double S Saloon” bar business & vacant parking lot. Income generated from real estate income is a 6.21% CAP rate not including bar income! Monthly real estate revenue totals - $5,140/mo = 1 bd apt-$750/mo, 2 bd apt-$650/mo, 3 bd apt(being renovated now)-$900/mo, Bar and Office-$2,800/mo, 2 parking spots-$60/mo. Bar includes restaurant liquor license w amusement/entertainment & Sunday sales permits + Skill Games & ATM revenue, CIAA Exception, tobacco & cigarette sales + all equipment & stock. Bar revenue from ATM, Skills Games, Alcohol and Food sales is additional revenue not in gross annual income state. This multi parcel real estate sale with bar business, liquor license & equipment, apt over commercial @ 610 Evans St, Duplex @ 608 Evans St & vacant lot @ 700 Evans St is to be sold together. Located across from UPMC Hospital on the East Suburbs of Pittsburgh,PA. Don't miss out on this cash cow investment opportunity!

Location

State PA

County Allegheny-east

Area Mckeesport

Zoning C-5

Exterior

Garage Off Street

Community Features Public Transportation

Utilities Available Electricity Available,Natural Gas Available,Other,Sewer Available,Water Available

Roof Type Asphalt

Total Parking Spaces 15

Building

Structure Type Brick,Other

Schools

Elementary Schools Mckeesport Area

Middle Schools Mckeesport Area

High Schools Mckeesport Area

School District Mckeesport Area, Mckeesport Area, Mckeesport Area

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