About This Home
This 0-bedroom, 0-bathroom multi-family at 1526 2nd Ave in Beaver Falls, PA is listed for $239,900. Built in 1910, on a 0.09 acres lot.
Key Features
- Built in 1910
- 0.09 acre lot
Property Details
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.)
Monthly Cost Estimate
$1,283/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1526 2nd Ave
Beaver Falls, PA 15010
Property Details
Parking
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 1526 2nd Ave is listed at $239,900. The estimated monthly payment is $1,283 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1910, 0.09 acre lot.
This property is listed by Michael Vieira and can be reached at 8883977352.