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609 E Allegheny Ave
For Sale $549,000
$549,000
- 20 Units
- Unknown Sq Ft
- 3,604 Sq Ft
- Unknown Cap Rate
Description
See attached documentations. Nine (9) non-housekeeping units with community kitchen for up to Sixteen (16) people. Property brings in a gross monthly income $12,500 on average. Annual Gross income $150,000. Property breakdown listed below:
* Basement level: Room 1 $550 , Room 2 $400 , Room 3 $400, Room 4 $600, Room 5 $600 , Room 6 $400 , Room 7 $400 , Room 8 $400 , Room 9 $700 Studio with Full Bathroom. In addition, there are 2 full and Half Bathroom for communal use.
*Firs Floor : 1br 1ba Apt $800 , Office including full bathroom $2500 (Owner Occupied) , 2Br 1Ba $1100.
*Second Floor: Room 1 $500 , Room 2 $500 , Room 3 $400 , Room 4 $450 , Room 5 $500 , Room 6 $400 , Room 7 $400 , Room 8 $500. There are 2 full bathrooms for communal use.
* (2)Newer Water Heater Tanks, Rubber Roof Installed in 2018, New Sewer Line to the curb installed in 2023. Fire Alarm System. There are 4 Fire exits. Each Room is heated by its own Electric Fan Blower heater.
* 200AMP Service. 2 Electrical Meters. One services the 2br 1ba Unit located on the 1st floor. Second meter services the whole building.
Expenses:
Insurance: 2000/Yr
Water: 275/mo Avg
Electric: $650/Mo Avg
Pest Control: $65 every 6 months.
NO GAS.
Trash: $300/Yr
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $549,000 |
| Property Type | Special Purpose |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1920 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 881042305 |
| MLS # | PAPH2561626 |
| Property ID | 322404182 |
| Lot Sqft | 3,604 |
| Zoning | RM1 |
| Total Units | 20 |
| Days on Market | 32 |
| Original List Price | Unknown |
| Date Updated | November 21, 2025 |
| Date Created | November 20, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $136,000 | $0 |
| Operating Expenses | $ 13,250 |
| Net Income (Yr) | $ 136,750 |
| Cap Rate | 24.00% |
Listing Provided By
Luis Luciano an agent of . Lic #RS327269
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Data last updated: December 22, 2025.
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Robert Crawford
REAL ESTATE AGENT