Active

216 E Pike St

Houston, PA 15342

$275,000 $1,159/Mo

Get Pre-Approved Check your credit

Overview

0.16

Acre(Lot)

Description

Great investment opportunity with this 5 unit rental. 3 units are currently tenant-occupied, generating income from day one. Many improvements have been made to the units including new appliances, bath updates, painting, etc. All 5 units have updated electrical and are separately metered. The 2 vacant units still need finished before they are ready to market, once leased should increase monthly income by 50%. Tenants pay all utilities besides trash. Located on the Washington County Freedom Transit County Line Bus routes. Current Cap Rate of almost 7%, potential cap rate fully leased at market rates is 11.25%

Property Details

Property Type : Residential Income

Price : $275,000

AD Id : 68059848

MLS Id : 1727127

Lot Size : 0.16 Acre(Lot)

County : Washington

Map

What's Nearby

Nearby Areas

Features

Building Information

Year Built: 1917 Private Pool: No

Lot Information

Lot Dimensions: 0.155 Main Square Feet: 0.155 Acres Lot Size Acres: 0.155

Listing Price Information

Listing Price: $275000 Original Price: $325000

Tax Information

Annual Tax: $4082

Utility Information

Electricity Available, Natural Gas Available, Sewer Available, Water Available
Location Information

Direction: I-79 to Houston exit, S. Main St toward Houston. Right on E Pike St.

Sell a home like this and save $16,001 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Loading, please wait...

West Penn MLS, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than ByOwner may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved. Last Updated: 07/18/2026 @ 21:53

ByOwner last updated this listing 07/18/2026 @ 21:53

MLS: 1727127 LISTED BY: Melissa Palmer, HOWARD HANNA REAL ESTATE SERVICES 412-561-7400 SOURCE: West Penn MultiList