246 W Steuben St, Crafton, PA 15205

Description

Great investment opportunity in Crafton! This well-maintained three-unit income-producing property currently generates approximately $3,400 per month in total rental income, including utilities, providing multiple income streams and an excellent opportunity for an investor looking to add a multifamily property to their portfolio.

All three units are currently occupied, allowing a new owner to step into an existing income-producing property and begin generating cash flow immediately without the need to find new tenants. Two of the units have been occupied by long-term tenants for more than 10 years, providing a strong history of stable occupancy and dependable rental income.

For investors seeking to increase future cash flow, the property offers additional income potential through targeted repairs and improvements. With some thoughtful updates, a new owner may have the opportunity to further increase rental income while benefiting from established, long-term tenants.

The property also features off-street parking for 3 or more vehicles in the rear, a valuable convenience for a three-unit property. Its convenient location provides easy access to Downtown Pittsburgh and Robinson Town Centre, with a variety of shopping, dining, and everyday amenities nearby. Giant Eagle is approximately an 8-minute walk away, providing convenient access to groceries and daily necessities.

With three occupied units, established long-term tenants, immediate rental income, off-street parking, a convenient location, and potential for increased rental income, this property offers an attractive combination of current cash flow and future income potential for an investor looking to expand their multifamily portfolio.

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246 W Steuben St

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