Three cash-flowing townhomes in Clairton, PA for $70K (package)

[Johnathan Alesso]

Three fully rented townhomes in Clairton, PA (20 miles south of Pittsburgh).  These units have stable, current tenants with a strong payment history.  Both 1206 Madison and 1106 Madison Ave received substantial renovations in the summer of 2016.  601 Washington Ave has a long term tenant who pays reliably.  There are no HOAs.  We accept cash or financing offers. The current property manager is ready to continue managing units for the buyer. 

Package of three for $70K.   Individual townhome for $25K

Package of three townhomes for $70,000

Rent: $1,500/mo

HOAs: $0

Taxes: $180/o

Insurance: $81/mo

Maintenance and repairs:  $225

Management:  $150

Vacancies:  $75

Total Cash flow:  $780-800/month in total.  9-10% ROI

Individual townhome for $25K

Rent:  $500/mo

HOAs: $0

Taxes: $60

Insur.: $27

M&R: $75

Management: $50

Vacancies: $25

Total cash flow:  $263/month for single unit

Package deal with 20% financing

Down payment:  $15,000

Loan:  $55,000

Net profit per year:  $1886.71

ROI: 12.5%

Please contact me if you are interested.  We have an excellent property manager ready to continue working with the buyer after purchase. 

Johnathan Alesso

[email protected]

412-720-1607