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934 Wood Street, Latrobe

$275,000

934 Wood Street, Latrobe, PA 15650

Active
Last Updated: 01/07/2026

10.31

Cap Rate

28,344

NOI

Details:
Cap Rate:    10.31%
NOI:    $28,344
Occupancy:    80%
Parking Spots:    12
Roof:    Asphalt
Heating:    Gas
Description:

934 Wood Street is just a few streets over the border between Derry and Latrobe, and close enough to walk to downtown Latrobe. It might not be pretty but it's a cash cow that a serious investor won't want to miss! 2 3 bedroom units, 2 2 bedroom units and 1 commercial space. Once home to an audio recording studio and school, the building is solid and quiet, with lots of parking and even more potential. New roof. Sold as-is.


Located near the Latrobe / Derry border, this area benefits from steady renter demand driven by regional employers, healthcare, manufacturing, and education. Close proximity to downtown Latrobe, public transit, and everyday amenities makes the location convenient for long-term residents, while access to Route 30 and nearby employment centers supports commuters. A mix of blue-collar and service-sector jobs, combined with limited quality rental inventory, helps keep units occupied and rents stable—making the Latrobe/Derry market a dependable choice for income-focused investors.


• 5 total units: 4 residential + 1 commercial
• Mix of 3-bedroom and 2-bedroom units
• Large parking area and solid structure
• New roof
• Previously used as a recording studio and school
• Sold as-is with significant upside for hands-on investors

Map:
Documents:
Title
934Wood-Portfolio
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Location
Gallery