About This Home
This 0-bedroom, 0-bathroom commercial at 2040 Kendon Dr in Pittsburgh, PA is listed for $2,500,000. Built in 1956, on a 0.12 acres lot.
Key Features
- Built in 1956
- 0.12 acre lot
Property Details
A rare chance to acquire scale in one closing: 17 stabilized single-family rental homes across Allegheny, Washington, and Westmoreland Counties, priced at just $147,059 per door. This portfolio has been self-managed by ownership for its entire holding period - meaning the in-place 6.37% cap rate reflects unoptimized operations.
Bring institutional or semi-professional management to the table and the numbers already point to an 8.37% normalized cap rate, with further upside available through rent optimization, expense efficiencies, and lease renewals at market. This isn't a single high-risk asset - it's a diversified income stream.
17 doors spread across 11 municipalities and 3 counties means no single vacancy, eviction, or local market shift moves the needle on your return. A blended mix of Section 8 and market-rate leases delivers the best of both worlds: government-backed payment stability alongside market upside.
Combined scheduled rent runs $25,403/month - $304,836 annualized - and every property is held free and clear of third-party management contracts or franchise agreements, so due diligence and transfer are clean and fast. For the investor who wants to scale a rental portfolio without spending a year assembling it door by door, absorbing a dozen separ
ate broker fees, and competing against other buyers on each individual listing - this is the shortcut. One offer, one closing, 17 cash-flowing assets, immediate scale. Addresses Include: 18 Walkers Mill Rd, Carnegie, PA 15106 640 11th St, Pitcairn, PA 15140 596 Upston St, McKeesport, PA 15133 2040 Kendon Dr E, Pittsburgh, PA 15221 137 McKean Ave, C
harleroi, PA 15022 522 10th St, Pitcairn, PA 15140 137 Robin St, North Versailles, PA 15137 426 Wherry Rd, Bentleyville, PA 15314 204 Aliquippa Ave, Monessen, PA 15062 408 McDade Ln, Cheswick, PA 15024 807 Richmond St, Arnold, PA 15068 529 E 9th Ave, Tarentum, PA 15084 717 Foster Ave, Duquesne, PA 15110 1543 Montier St, Pittsburgh, PA 15221 1505 Flagler St, McKeesport, PA 15132 2340 Park Hill Dr, Pittsburgh, PA 15221 408 E Carter Dr, North Versailles, PA 15137
Monthly Cost Estimate
$13,371/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2040 Kendon Dr
Pittsburgh, PA 15221
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 2040 Kendon Dr is listed at $2,500,000. The estimated monthly payment is $13,370 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1956, 0.12 acre lot.
This property is listed by Hayleigh Federowicz and can be reached at 8883977352.
