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$650,000   Price Analysis
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38-40 Walnut St
Etna, PA 15223
Unknown bed None bath unknown SqFt ($0/SqFt)
0.42 acre lot. Built 1900
Listed 2024-02-15
Ⓧ USDA Ineligible
due to location

near Etna

Fantastic opportunity to get into the exciting Etna neighborhood!

With larg e developments bringing lots of opportunity nearby this is the upside investors dream about. This listing includes two properties. The first contains 2 side by side Duplexes (38-40 Walnut) 4 residential units and 16 garages. The second property (41 High St) is a triplex with 1 garage.

This totals 7 residential units and 17 garages. The parcels sit back to back so you can own an entire city block. These properties are 100% occupied and generate cash flow as is with huge potential upside on increased rents with cosmetic updates. Long term tenants desire to stay and enjoy the property. Pristine roof instlled in 2023.


Presented by Nick Griffith at
ARBORS REAL ESTATE, LLC.
Listing Agent Photo

Property MLS #1641286 from WestPenn

Total Bathrooms: 0.00

Basement Description: Basement: Y

Garage Spaces: 20
Parking Features: Detached Garage, On-Street Parking
Parking Total: 20

Lot Size Acres: 0.4191
Lot Size Square Feet: 18256

Gross Income: 77654

Number of Units: 24

School District: Shaler Area

Marzolf Primary School is a public elementary school located approximately 1.6 miles away.
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Shaler Area High School is a public high school located approximately 2 miles away.
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Shaler Area Middle School is a public middle school located approximately 2.3 miles away.
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First Lutheran School Sharpsburg is a private elementary and middle school located approximately 0.6 miles away.
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Annual Tax Amount: 10105
Source Listing Status: Active
County: Allegheny-North
Directions: GPS
Disclaimer: Information Deemed Reliable, But Not Guaranteed
Other Expense: 1200
Source Property Type: Multi-Unit
Area: Etna
Source Neighborhood: Etna
Zoning: Multi
Source System Name: C2C

Price Changed 2024-04-10
$650,000
WestPenn
Price Changed 2024-03-20
$699,900
WestPenn
Listed 2024-02-15
$749,900
WestPenn

Net Operating Income: 41117

Year Built: 1900
Property Age: 124
Roof: Asphalt

Electricity
Gas
Sewer
Water
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.