Deacon & Hoover Real Estate Advisors
Deacon & Hoover Real Estate AdvisorsPhone: (412) 939-7653
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listing
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Residential IncomeFor Sale
$830,000
608 Evans Ave
Mckeesport, PA 15132
Courtesy of Keller Williams Exclusive
MLS: West Penn MLS
Est. Mortgage
$4,384/mo

Invest in cash flowing apts with commercial space - “Double S Saloon” bar business & vacant parking lot. Income generated from real estate income is a 6.21% CAP rate not including bar income! Monthly real estate revenue totals - $5,140/mo = 1 bd apt-$750/mo, 2 bd apt-$650/mo, 3 bd apt(being renovated now)-$900/mo, Bar and Office-$2,800/mo, 2 parking spots-$60/mo. Bar includes restaurant liquor license w amusement/entertainment & Sunday sales permits + Skill Games & ATM revenue, CIAA Exception, tobacco & cigarette sales + all equipment & stock. Bar revenue from ATM, Skills Games, Alcohol and Food sales is additional revenue not in gross annual income state. This multi parcel real estate sale with bar business, liquor license & equipment, apt over commercial @ 610 Evans St, Duplex @ 608 Evans St & vacant lot @ 700 Evans St is to be sold together. Located across from UPMC Hospital on the East Suburbs of Pittsburgh,PA. Don't miss out on this cash cow investment opportunity!

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