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1939-1941 James St 1939-1941 James St

2 Unit Apartment Building $347,280 CAD ($173,640 CAD/Unit) 7.38% Cap Rate Monroeville, PA 15146

Executive Summary

Welcome to this turnkey duplex, where convenience and comfort meet in a prime location. Both units have been meticulously remodeled, offering great layouts with open floor plans that invite in an abundance of natural light. The spacious living rooms provide ample space for relaxation and entertainment, seamlessly flowing into the dining areas, perfect for hosting gatherings or enjoying family meals. The updated kitchens are a chef's dream, featuring stainless steel appliances, granite countertops, and plenty of cabinets for storage. Two well-appointed bedrooms boast ample closet space, providing cozy retreats for relaxation. The modernized bathrooms add a touch of luxury, enhancing the overall appeal of each unit. Additionally, the lower levels feature updated mechanicals, laundry facilities, and garages, providing added convenience for residents. Outside, stone patios offer perfect spots for outdoor gatherings or relaxation in the fresh air. You'll find ample parking available at the front of the property, ensuring hassle-free parking for residents and guests alike. All Separate Utilities. Whether you're seeking a comfortable home or a savvy investment opportunity, these duplexes offer the perfect blend of modern amenities and timeless charm

Financial Summary (Actual - 2023)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $31,468 $10.49
Other Income - -
Vacancy Loss - -
Effective Gross Income $31,468 $10.49
Taxes $4,424 $1.47
Operating Expenses $1,417 $0.47
Total Expenses $5,841 $1.95
Net Operating Income $25,626 $8.54

Financial Summary (Actual - 2023)

Gross Rental Income (CAD)
Annual $31,468
Annual Per SF $10.49
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $31,468
Annual Per SF $10.49
Taxes (CAD)
Annual $4,424
Annual Per SF $1.47
Operating Expenses (CAD)
Annual $1,417
Annual Per SF $0.47
Total Expenses (CAD)
Annual $5,841
Annual Per SF $1.95
Net Operating Income (CAD)
Annual $25,626
Annual Per SF $8.54

Property Facts

Price $347,280 CAD
Price Per Unit $173,640 CAD
Sale Type Investment
Cap Rate 7.38%
No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Lot Size 0.18 AC
Building Size 3,000 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1956/2022
Parking Ratio 2.67/1,000 SF

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Kitchen
  • Granite Countertops
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Yard
  • Basement
  • Dining Room
  • Double Pane Windows
  • Lawn
  • Patio
  • Porch

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 2 $1,311 CAD -

zoning

Zoning Code duplex
duplex
  • Listing ID: 31847030

  • Date on Market: 2024-05-17

  • Last Updated:

  • Address: 1939-1941 James St, Monroeville, PA 15146

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