






$249,000
5 bd · 5 ba · · 6,752 sqft lot
216 E Pike St, Houston, PA 15342
Multi-family · Built 1917 ·
$1,606/mo est. payment
Great investment opportunity with this 5 unit rental. 3 units are currently tenant-occupied, generating income from day one. Many improvements have been made to the units including new appliances, bath updates, painting, etc. All 5 units have updated electrical and are separately metered. The 2 vacant units still need finished before they are ready to market, once leased should increase monthly income by 50%. Tenants pay all utilities besides trash. Located on the Washington County Freedom Transit County Line Bus routes. Current Cap Rate of almost 7%, potential cap rate fully leased at market rates is 11.25%
Chartiers-Houston Junior-Senior High School
middle · 7-12 · 1.4 mi
Allison Park El School
elementary · K-6 · 1.7 mi
St Patrick School
elementary · PK-8 · 0.8 mi
Central Christian Academy
elementary · K-9 · 1.6 mi
Western Area Ctc
high · 9-12 · 2.0 mi
Southwood School
elementary · 2-12 · 3.7 mi
$244,020
Listed by Melissa Palmer · Howard Hanna - Mt. Lebanon · WestPenn














