3 Oak Lane | 3 Oak Ln
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3 Oak Lane 3 Oak Ln
8 Unit Apartment Building $956,792 CAD ($119,599 CAD/Unit) Eighty Four, PA 15330
Executive Summary
Great investment opportunity! 8 fully occupied apartments, 4 units per building. All 8 apartments carry a nearly identical floor plan - 2 bedrooms, eat in kitchen, full bath & living room. Kitchens equipped with refrigerator & stove. Tenants pay electric. Landlord pays water, sewage & garbage. 2 parking spaces for each unit. Space available to build garage, self storage, additional unit, etc to increase income. Centrally located between Washington, PA & Canonsburg/McMurray. Quick access to I-70
Agent Remarks
24 hour notice to show. Seller is reserving the OGM rights. Buyer responsible for all due diligence. All information deemed reliable but not guaranteed. The sewage treatment plant services the apartments & the plaza behind. Please be sure to include all 4 parcels on the sales agreement - 5800010102001500, 5800010102000500, 5800010102000501, 5800010102000600.
Agent Remarks
24 hour notice to show. Seller is reserving the OGM rights. Buyer responsible for all due diligence. All information deemed reliable but not guaranteed. The sewage treatment plant services the apartments & the plaza behind. Please be sure to include all 4 parcels on the sales agreement - 5800010102001500, 5800010102000500, 5800010102000501, 5800010102000600.
Financial Summary (Actual - 2023) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$109,712
|
$17.14
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$109,712
|
$17.14
|
| Taxes |
$5,952
|
$0.93
|
| Operating Expenses |
$12,764
|
$1.99
|
| Total Expenses |
$18,716
|
$2.92
|
| Net Operating Income |
$90,996
|
$14.22
|
Financial Summary (Actual - 2023)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $109,712 |
| Annual Per SF | $17.14 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $109,712 |
| Annual Per SF | $17.14 |
| Taxes (CAD) | |
|---|---|
| Annual | $5,952 |
| Annual Per SF | $0.93 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $12,764 |
| Annual Per SF | $1.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $18,716 |
| Annual Per SF | $2.92 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $90,996 |
| Annual Per SF | $14.22 |
Property Facts
| Price | $956,792 CAD | Building Class | C |
| Price Per Unit | $119,599 CAD | Building Size | 6,400 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1979 |
| Property Subtype | Apartment | Parking Ratio | 2.5/1,000 SF |
| Apartment Style | Low Rise |
| Price | $956,792 CAD |
| Price Per Unit | $119,599 CAD |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Building Size | 6,400 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1979 |
| Parking Ratio | 2.5/1,000 SF |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Tub/Shower
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PROPERTY TAXES
| Parcel Numbers | Total Assessment | $338,385 CAD (2024) | |
| Land Assessment | $34,357 CAD (2024) | Annual Taxes | $5,952 CAD ($0.93 CAD/SF) |
| Improvements Assessment | $304,027 CAD (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$34,357 CAD (2024)
Improvements Assessment
$304,027 CAD (2024)
Total Assessment
$338,385 CAD (2024)
Annual Taxes
$5,952 CAD ($0.93 CAD/SF)
Tax Year
2023
zoning
| Zoning Code | Commercial |
| Commercial |
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3 Oak Lane | 3 Oak Ln
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