1724 Federal, McKeesport, PA 15132
Local realty services provided by:ERA Johnson Real Estate, Inc.
Listed by: jessica payne
Office: coldwell banker realty
MLS#:1770355
Source:PA_WPN
Price summary
- Price:$40,000
- Price per sq. ft.:$29.41
About this home
Great investment opportunity with a long term tenant already in place! This 3 bedroom, 1.5 bath property offers investors an affordable opportunity to add an income producing property to their portfolio. The property features a spacious living area, ample fenced in yard, and plenty of cabinetry for storage in your kitchen. At the current rental rate, the property produces approximately $10,080 in gross annual rental income. That's an estimated 14.7% annual return based solely on rent after taxes and insurance. Over the next ten years, an investor can anticipate $70,630 estimated income, and $22,630 estimated gain after recovering the $48,000 purchase price, all without factoring in property appreciation or equity growth! Whether you're an experienced investor looking to expand your portfolio or someone looking for an affordable first investment property, this one is worth a look! (All figures are estimates based on current rent, taxes, insurance, and other factors). This property can also be sold with other properties in the McKeesport area. These properties are subject to offer, allowing the buyer to take over the current loan....
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Home facts
- Year built:1910
- Listing ID #:1770355
- Added:44 day(s) ago
- Updated:October 03, 2026 at 10:04 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:1
- Half bathrooms:1
- Flooring:Carpet, Laminate
- Basement:Yes
- Living area:1,360 sq. ft.
Heating and cooling
- Heating:Gas
Structure and exterior
- Roof:Asphalt
- Year built:1910
- Building area:1,360 sq. ft.
- Lot area:0.07 Acres
- Construction Materials:Frame
Utilities
- Water:Public
Finances and disclosures
- Price:$40,000
- Price per sq. ft.:$29.41
- Tax amount:$617
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