One parcel, two structures. structure in rear of parcel has been occupied by a long term tenant for 12 years. Some repairs were made to flooring for tenant, otherwise as-is. Front structure is unoccupied, has not been entered by owner, is in unknown condition, never marketed by owner. Located one block from the Washington County Freedom Transit County Line Bus routes.
Great investment opportunity with this 5 unit rental. 3 units are currently tenant-occupied, generating income from day one. Many improvements have been made to the units including new appliances, bath updates, painting, etc. All 5 units have updated electrical and are separately metered. The 2 vacant units still need finished before they are ready to market, once leased should increase monthly income by 50%. Tenants pay all utilities besides trash. Located on the Washington County Freedom Transit County Line Bus routes. Current Cap Rate of almost 7%, potential cap rate fully leased at market rates is 11.25%
Great investment opportunity with this 3 unit building. Income generating with 1 unit currently occupied by long term tenant (12 yrs). 2nd unit was recently renovated but has not been marketed since completion of renovations, offering immediate lease-up potential. Recently completed the addition of a 3rd unit, also ready to market for additional lease-up potential. Renovated unit improvements include new appliances, bathroom flooring, paint, etc. Potential cap rate for fully leased at market rates is 6.7%. Located 1 block from Washington County County Line bus route. There is a 2nd structure in the rear of the parcel, which is uninhabitable.
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Houston is located in Pennsylvania. Houston, Pennsylvania has a population of 1,224. Houston is less family-centric than the surrounding county with 18.18% of the households containing married families with children. The county average for households married with children is 27.71%.
The median household income in Houston, Pennsylvania is $57,016. The median household income for the surrounding county is $68,787 compared to the national median of $69,021. The median age of people living in Houston is 43.1 years.
The average high temperature in July is 82.1 degrees, with an average low temperature in January of 19.7 degrees. The average rainfall is approximately 38.8 inches per year, with 33.1 inches of snow per year.
