318 Main St, Wampum, PA 16157

$390,000

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List Price
$390,000
Status
ACTIVE
MLS#
WESTPENN-1767413
Acres
0.22
Lot Size
9,583
Region
Wampum

Property Description

Rare turnkey 5-unit investment opportunity in Wampum, PA! Conveniently located near Beaver Falls, New Castle, Ellwood City, I-376, and the PA Turnpike, this fully leased multifamily property offers strong cash flow with an estimated 11.9% cap rate at the current list price. The building features five spacious market-rent apartments, all updated with modern flooring, fixtures, and other improvements. Three central A/C units service the building, and most units offer off-street parking. Additional income potential comes from the on-site coin-operated laundry and oversized garage. Situated on a level lot with a yard and within walking distance to local conveniences including a coffee shop and convenience store. A desirable mix of tenant-paid and owner-paid utilities helps maximize returns. All tenants are in place with leases extending into 2027, making this an outstanding turnkey addition to any investment portfolio.

Additional Information

Taxes
$2,495
Lot Dimensions
0.22
School District
Ellwood City Area
Parking Description
Off Street

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Calculator source: Real Geeks

Listing courtesy of KELLER WILLIAMS STEEL CITY.

INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED. Listings courtesy of WEST PENN MULTILIST, INC.