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Contact Information
Mellisa Rupp
(C) (814) 319-2128
Rupp Real Estate, PC
Listing Tools
Listing Details
MLS Number: 156558
Property Type: Multi-Family
List Price: $299,000
Street #: 138
Street Name: Clay Ave
City: Templeton
State: PA
Zip Code: 16259
County: Armstrong
Apx Lot Size: 0.74
Lot SqFt:  
Apx Acres: 0.74
Zoning: None
Clean and Green: No
Restrictive Covenants: No
Tax Location: Pine Twp-A
Tax Map #: 37-0-026181
Taxes: 1630
# Units: 5
# Levels:  
SqFt-Total: 11589
Year Built: 1965
Water Softener: No
Water Expense: 0
Rent Includes: Unknown
Unit3 Refrigerator:  
Construction: Block
Exterior: Brick
Roof: Other
Basement/Foundation: Full
Heat: Forced Air
Cooling: None
Water: Well
Sewer: Septic System
Features: None
OGMT: Unknown
Public Remarks: Apartment Building, located in Pine Township, Armstrong County in the village of Templeton. This is a rural town with many community amenities. Property is located 1 block from the Allegheny River and the Armstrong trail. Community amenities include a public park, ballfield, basketball courts, playground, public boat ramp accessing the Allegheny River. Templeton is located 9 miles from Kittanning and State Routes 422 and State Route 28 to Pittsburgh. Building has 5 apartments with room for at least 2 more! There are 4, 3-bedroom apartments and one 4-bedroom apartment. Current rent is $650/month per unit. All apartments are in average to good condition. There is a laundry room for tenants. List price is $329, 900 yielding a 10% cap rate. New roof restoration included, comes with 10 year warranty. 4 lots of the 9 are being sold. Selling part of map #072.05-01-55 Part of Deed Book 3967 Page 167.