About This Home
This 2-bedroom, 1-bathroom single family at 2808 Grover in McKeesport, PA is listed for $42,000. Built in 1906, on a 0.06 acres lot.
Key Features
- Built in 1906
- 0.06 acre lot
- 2 stories
Property Details
INVESTMENT OPPORTUNITY - TENANT OCCUPIED! Add this affordable income-producing property to your rental portfolio. This 2-bedroom, 1-bathroom single-family home is currently tenant occupied, providing an opportunity for an investor to purchase a property with an existing rental income stream.
Located within the McKeesport Area School District, this property offers an attractive price point for investors looking for a single-family rental with strong potential. At the current rental rate of $850/month, the property generates approximately $10,200 in gross annual rental income and $102,000 over 10 years.
At a purchase price of $45,000, the projected gross annual rental return is approximately 22.7%, with an estimated 10-year gain of $57,000 based on gross rental income less the purchase price. Whether you're an experienced investor looking to expand your portfolio or searching for an affordable entry into real estate investing, this property is worth a look. Tenant occupied. Buyer to verify all rental information, terms, and property details. Property is being sold as-is.
Monthly Cost Estimate
$225/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2808 Grover
McKeesport, PA 15132
Property Details
Flooring
Construction
Parking
Heating
Questions & Answers
This 2-bedroom, 1-bathroom single family at 2808 Grover is listed at $42,000. The estimated monthly payment is $224 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1906, 0.06 acre lot, 2 stories.
This property is listed by Jessica Payne and can be reached at 7243270123.
