Active

347 Highland Ave

Turtle Creek, PA 15145

$135,000 $569/Mo

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Overview

Bed

Bath

0.07

Acre(Lot)

Description

FULLY RENTED TRIPLEX — INVESTMENT OPPORTUNITY! Well-positioned income-producing property featuring three rental units, with each unit offering 2 bedrooms and 1 full bathroom. All three units are currently rented, providing an immediate income stream for the next owner. Current monthly rents are $700 for Unit 1, $800 for Unit 2, and $850 for Unit 3, producing a combined monthly rental income of $2,350 and annual gross income of $28,200. The property has a reported NOI of $22,386 annually. At a purchase price of $135,000, the property generates a projected 16.58% annual return based on NOI, with approximately $223,860 in projected NOI over 10 years. Based on 10 years of NOI less the initial purchase price, the estimated gain is approximately $88,860, before considering appreciation, financ ing, future rent increases, or other changes in operating expenses. With three fully rented 2-bedroom units, established rental income, and strong projected returns, this property offers an excellent opportunity for an investor looking to add a cash-flowing multifamily property to their portfolio. Property is sold AS IS, WHERE IS.

Property Details

Property Type : Residential Income

Price : $135,000

AD Id : 90875660

MLS Id : 1772090

Lot Size : 0.07 Acre

Tax Amount : 2814.00

Year Built : --

County : Allegheny-East

Map

What's Nearby

Nearby Areas

Features

Room Information

Has Basement: Yes
Roofing Information

Asphalt
Interior Features

Roof: Asphalt

Building Information

Construction Materials: Frame Private Pool: No

Lot Information

Lot Dimensions: 25x119 Main Square Feet: 0.0682 Acres Lot Size Acres: 0.0682

Listing Price Information

Listing Price: $135000

Tax Information

Annual Tax: $2814

Virtual Tour

Virtual Tour (External Link)

Parking Information

Off Street

Utility Information

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

Direction: Use GPS

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
927 Lynn Ave, Turtle Creek, PA, 15145	$199,900	--	--	--	0.08 Acre
335 Larimer Ave, Turtle Creek, PA, 15145	$180,000	--	--	--	0.08 Acre

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335 Larimer Ave,
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Acre(Lot)

927 Lynn Ave,
Turtle Creek, PA, 15145

Acre(Lot)

347 Highland Ave,
Turtle Creek, PA, 15145

0.07

Acre(Lot)

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: 09/02/2026 @ 08:29

ByOwner last updated this listing 09/02/2026 @ 08:29

MLS: 1772090 LISTED BY: Jessica Payne, COLDWELL BANKER REALTY 724-327-0123 SOURCE: West Penn MultiList