325 W Cunningham St

Butler, PA 16001
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4 bd, 3 ba | 2,344 sqft | Built in 1890

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List Price
$115,000

Initial Investment

$31,338

Purchase Price

$115,000

Down Payment

25%

Rent

$1,600

Total Return

$44,876

Annualized Return

21.5%

Cap Rate

8.2%

Gross Yield

16.7%

Cash Flow

$2,291

Appreciation

5.1%
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Features

Occupancy

Occupied

Lease Start

-

Lease End

-

Property Type

Triplex

Lot Size

4,356

HOA

None

Flood Risk

High Risk - Zone AE

Fully occupied three unit in Butler within walking distance of Main Street Property also has a bus stop in front of the property. Apartment #1 is a two bedroom, one bathroom, Apartments 2 and 3 are each one bedroom, one bathroom. Each unit has a separate heating system, apartment #1 is gas, apartments 2 and 3 have electric heating.

See more in Analysis
Max Feinberg
RE/MAX 360 Realty
PA Agent License #RS341613

Annual Financial Highlights

Expected Rent

$18,240

Expenses

-$8,263

Property Taxes

-$1,434

Loan Payments

-$6,252

Net Cash Flow

$2,291

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Chris Harkins
YOUR TOWN REALTY LLC
Certified Agent Brokerage:Max Feinberg
RE/MAX 360 Realty
PA Brokerage License RB068728
SourceWest Penn Multi-List, Inc. (WPML)
MLS #1568736
Last Updated: 08/15/2022 09:08
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.