608 Evans Avenue

McKeesport, PA 15132

$830,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Invest in cash flowing apts with commercial space - “Double S Saloon” bar business & vacant parking lot. Income generated from real estate income is a 6.21% CAP rate not including bar income! Monthly real estate revenue totals - $5,140/mo = 1 bd apt-$750/mo, 2 bd apt-$650/mo, 3 bd apt(being renovated now)-$900/mo, Bar and Office-$2,800/mo, 2 parking spots-$60/mo. Bar includes restaurant liquor license w amusement/entertainment & Sunday sales permits + Skill Games & ATM revenue, CIAA Exception, tobacco...Invest in cash flowing apts with commercial space - “Double S Saloon” bar business & vacant parking lot. Income generated from real estate income is a 6.21% CAP rate not including bar income! Monthly real estate revenue totals - $5,140/mo = 1 bd apt-$750/mo, 2 bd apt-$650/mo, 3 bd apt(being renovated now)-$900/mo, Bar and Office-$2,800/mo, 2 parking spots-$60/mo. Bar includes restaurant liquor license w amusement/entertainment & Sunday sales permits + Skill Games & ATM revenue, CIAA Exception, tobacco & cigarette sales + all equipment & stock. Bar revenue from ATM, Skills Games, Alcohol and Food sales is additional revenue not in gross annual income state. This multi parcel real estate sale with bar business, liquor license & equipment, apt over commercial @ 610 Evans St, Duplex @ 608 Evans St & vacant lot @ 700 Evans St is to be sold together. Located across from UPMC Hospital on the East Suburbs of Pittsburgh,PA. Don't miss out on this cash cow investment opportunity!
  1. Listed by KELLER WILLIAMS EXCLUSIVE

Property Details for 608 Evans Avenue

Parking Spaces
15
Zoning
C-5
LISTING UPDATED: 04/10/2024 02:54 PM

Property Details for 608 Evans Avenue

StatusActive
MLS #1647617
Days on Market227
Taxes$5,086 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Unit / Duplex
Year Built1925
Lot Size0.06 AC / 2,665 SF
CountyAllegheny County

Virtual Tour

Building Information for 608 Evans Avenue

Stories-Residences4Year Built1925Building Size-Lot Size0.06 AC / 2,665 SF

Property Information for 608 Evans Avenue

Summary
Location and General Information
  • City Name: Mckeesport
  • Postal Code: 15132
  • County Or Parish: Allegheny-East
  • County M 360: Allegheny
  • State Or Province: Pennsylvania
  • Directions: From PA Turnpike:Take Mosside Blvd to Broad St; Take Crooked Run Rd into 5th Ave; Continue on 5th Ave.; Slight left to stay on 5th Ave past UPMC Hospital; Turn left onto Evans Ave.
  • Public Transportation: Yes
Taxes and HOA Information
  • Map Num Block Num Lot Num Info: 0307-M-00194-0000-00
  • Taxes: $5,086
School Information
  • School District: McKeesport Area
  • School Transportation: Yes
Parking
  • Parking Description: Off-Street Parking
Virtual Tour
Property
Lot Information
  • Acres: 0.0612
  • Lot Size: 0.0612
  • Type of Property: Duplex, Other
  • Area: McKeesport
  • Construction: Brick, Other
Property and Assessments
  • Year Built Numeric: 1925
  • Disclaimer: Information Deemed Reliable, But Not Guaranteed
  • Photo Count: 16
Utilities
  • Utilities Available: Electricity, Gas, Other, Sewer, Water
Interior and Exterior Features
Exterior Features
  • Roof: Asphalt
Interior Features
  • Baths Total: 0.0
Multi Family
Multi-Family Information
  • Num of Units: 5
  • Total Numof Units: 4
Income and Expenses
  • Gross Annual Income: $61,680
Unit Information
Unit 1
  • Unit Full Baths 1: 1
  • UNIT Monthly Rent 1: 900
  • Unit Num Bedrooms 1: 3
Unit 2
  • Unit Full Baths 2: 1
  • UNIT Monthly Rent 2: 650
  • Unit Num Bedrooms 2: 2
Unit 3
  • Unit Full Baths 3: 1
  • UNIT Monthly Rent 3: 750
  • Unit Num Bedrooms 3: 1
Unit 4
  • UNIT Monthly Rent 4: 2800
  • Unit Num Bedrooms 4: 0
  • Unit Partial Baths 4: 2
Unit 5
  • Unit Full Baths 5: 0
  • UNIT Monthly Rent 5: 60
  • Unit Num Bedrooms 5: 0
  • Unit Partial Baths 5: 0
Rental
Rental Information
  • Tenant Occupied: Yes

Property History for 608 Evans Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 608 Evans Avenue

Taxable ValueLand$3,000Additions$49,000Total$52,000
Tax Record2024$1,921 ($160 / month)
Home Facts
Baths2Total Finished SqFt2,118 SqFtAbove Grade Finished SqFt2,118 SqFtStories2Lot Size2,479 SqFtStyleDuplexYear Built1925CountyALLEGHENYAPN307-M-192

Schools near 608 Evans Avenue

This home is within Mckeesport Area School District.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Twin Rivers Primary School
PublicK to 2

Founders Hall School
Public6 to 8

Mckeesport Area Senior High School
Public9 to 12

Twin Rivers Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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608 Evans Avenue is a multi-family home for sale in McKeesport, PA 15132. This property was listed for sale on April 4, 2024 by KELLER WILLIAMS EXCLUSIVE, it's currently listed at $830,000. This listing's school district is Mckeesport Area School District. Nearby schools include Twin Rivers Primary School, Founders Hall School and Mckeesport Area Senior High School. 608 Evans Avenue is a 0-bed, 0-bath, multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KELLER WILLIAMS EXCLUSIVE

The information is being provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 West Penn Multi-List, Inc.. All Rights Reserved. Last Updated: 04/10/2024 02:54 PM