$40,000
1724 Federal, McKeesport, PA 15132
- 3 beds
- 2 baths
- 1910 built
- Type
- Single Family Residence
- County
- Allegheny-East
- Lot
- 0.07 acres
- MLS #
- 1770355
About this home
Great investment opportunity with a long term tenant already in place! This 3 bedroom, 1.5 bath property offers investors an affordable opportunity to add an income producing property to their portfolio. The property features a spacious living area, ample fenced in yard, and plenty of cabinetry for storage in your kitchen. At the current rental rate, the property produces approximately $10,080 in gross annual rental income. That's an estimated 14.7% annual return based solely on rent after taxes and insurance. Over the next ten years, an investor can anticipate $70,630 estimated income, and $22,630 estimated gain after recovering the $48,000 purchase price, all without factoring in property appreciation or equity growth! Whether you're an experienced investor looking to expand your portfolio or someone looking for an affordable first investment property, this one is worth a look! (All figures are estimates based on current rent, taxes, insurance, and other factors). This property can also be sold with other properties in the McKeesport area. These properties are subject to offer, allowing the buyer to take over the current loan.
Courtesy of COLDWELL BANKER REALTY
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 1, 2026 5:50 PM
