40 Chalfonte Ave, West View, PA 15229 - MLS 1515655

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Welcome to 40 Chalfonte Avenue located in West View. This fully occupied triplex has a Gross Annual Income of $25,200 per year and a Net Operating Income of $16,265 for an 8% Cap Rate. Unit one is a one bedroom, one bathroom unit renting at $625 per month with a long term tenant. Unit two is a two bedroom, one bathroom unit with a newer tenant renting at $850 per month. Unit three is a one bedroom, one bathroom unit renting $625 per month with a long term tenant. All three tenants are on term leases. The building along with all three units have been very well maintained by the current owner. Routine updates to the units have been completed throughout the course of the current owners possession of the property. The building offers four off street parking spaces at the rear of the structure for tenant usage. Coin operated laundry machines in the basement offer an additional stream of income for the new owner as well, with proceeds split 50/50 between the vendor and the property owner.

Eric Tallon

Sales Associate

erictallon@tprsold.com

Direct: (412) 498-5101

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property details

Type

Triplex

Status

Closed

County

Allegheny-North

Year Built

1930

Lot Size

5,401 Sq. Ft., 0.1 acres

Listing Id

1515655

Courtesy Of

Eric Tallon - BERKSHIRE HATHAWAY THE PREFERRED REALTY +1 412 498 5101

List Office Phone

+1 (412) 262-4630

Exterior Features

Parking

Off Street

Utility & Building Info

Below Grade Finished Area

Price Per Sq Meter

Building Area Total

0 Sq. Ft.

Architectural Style

Other

Price History

date	event	price	source
09/22/2021 09/22/2021	Sold	$200,000	West Penn MLS
08/10/2021 08/10/2021	Pending	$214,500	West Penn MLS
08/06/2021 08/06/2021	Active	$214,500	West Penn MLS

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40 Chalfonte Ave West View, PA 15229