$249,000
216 E Pike St, Houston, PA 15342
- 1917 built
- Type
- Other
- County
- Washington
- Lot
- 0.16 acres
- MLS #
- 1727127
About this home
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%
Courtesy of HOWARD HANNA REAL ESTATE SERVICES
INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED. Listing information is provided courtesy of West Penn Multi-List, Inc.. IDX 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. Listings displayed are held by brokerages other than Realty ONE Group Landmark where indicated by "Courtesy of."
Realty ONE Group Landmark · 724-468-8841 · Mike Pastor, Realtor · 412-214-9494 Listings last updated: Oct 2, 2026 7:51 PM
