Overview

Description

Value add opportunity in McKees Rocks, PA. Currently 7 unit apartment building with a shell 8th unit ready for build out. FINANCIAL PROJECTIONS SHOW 8TH UNIT COMPLETED. Value add options include the following -Install coin operated laundry machines. -Buildout existing 8th unit. -Modest unit updates to raise rents to market. -Remove gas boiler and install 100% electric baseboard heating and hot water tanks and have tenants pay for all utilities. Property currently has separately metered electric and water/sewage. Close proximity to Route 65 and the City of Pittsburgh.


McKees Rocks occupies one square mile along the south bank of the Ohio River just a few miles from downtown Pittsburgh. The Rocks (as it is commonly known) combines the charm of its history with a 21st-century energy. Founded in 1769 and incorporated in 1829, McKees Rocks has 6,000 diverse residents, from people who have lived here for generations to newcomers just moving in who see the opportunities the Rocks provides.

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