REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by BERKSHIRE HATHAWAY THE PREFERRED REALTY
$ 145,000
Est. payment /mo
Active
626 Eau Claire St City Of But Ne, PA 16001
6,969 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1779525
HOA Y/N No
Annual Tax Amount $1,579
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Duplex
Property Description
Two Apartments. Two Rental Strategies. One Proven Investment Opportunity! Discover a different approach to rental property ownership in Butler's desirable Hospital District! This duplex features two one-bedroom, one-bath apartments, each serving a distinct rental market. The first-floor apartment has been home to the same tenant for over a decade, currently generating $657 monthly, while the fully furnished second-floor apartment commands $1,300 monthly and boasts an impressive 96% occupancy rate over the past two years! Traveling healthcare professionals, utility and energy workers, and individuals transitioning between homes are just a few of the renters this flexible medium-term housing model has attracted. Both apartments include appliances, while the furnished unit conveys complete with furniture, linens, kitchenware, and household essentials. Four off-street parking spaces, a spacious yard, and a storage shed add everyday convenience. With combined rents of $1,957 monthly when fully occupied, this property offers an established alternative to traditional duplex investing. Additional income growth potential exists through a possible rent adjustment for the long-term tenant, whose current rent may be below market value. The seller is willing to share their rental business model, rental history, and operating expenses with qualified buyers. Explore the possibilities of this distinctive Butler investment property and schedule your showing today!
Location
State PA
County Butler
Community Public Transportation
Area City Of But Ne
Zoning Res
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Parking Features Off Street
Community Features Public Transportation
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Roof Type Asphalt
Total Parking Spaces 4
Building
Structure Type Frame
Schools
School District Butler
