608 Evans Avenue
$830,000
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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!
- Listed by KELLER WILLIAMS EXCLUSIVE
Property Details for 608 Evans Avenue
Parking Spaces
15
ZoningC-5
LISTING UPDATED: 04/10/2024 02:54 PM
Property Details for 608 Evans Avenue
Status | Active |
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MLS # | 1647617 |
Days on Market | 227 |
Taxes | $5,086 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Unit / Duplex |
Year Built | 1925 |
Lot Size | 0.06 AC / 2,665 SF |
County | Allegheny County |
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Building Information for 608 Evans Avenue
Stories-Residences4Year Built1925Building Size-Lot Size0.06 AC / 2,665 SF
Property Information for 608 Evans Avenue
Property History for 608 Evans Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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 |
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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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