38-40 Walnut Street

Etna, PA 15223

$650,000
Price
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Beds
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Description

Fantastic opportunity to get into the very exciting Etna neighborhood! With large developments bringing lots of opportunity nearby this is the upside investors dream about. This listing includes two properties. The first contains 2 side by side Duplexes (38-40 Walnut) 4 residential units and 16 garages. The second property (41 High St) is a triplex with 1 garage. This totals 7 residential units and 17 garages. The parcels sit back to back so you can own an entire city block! These properties are...Fantastic opportunity to get into the very exciting Etna neighborhood! With large developments bringing lots of opportunity nearby this is the upside investors dream about. This listing includes two properties. The first contains 2 side by side Duplexes (38-40 Walnut) 4 residential units and 16 garages. The second property (41 High St) is a triplex with 1 garage. This totals 7 residential units and 17 garages. The parcels sit back to back so you can own an entire city block! These properties are 100% occupied and generate cash flow as is with huge potential upside on increased rents with cosmetic updates. Long term tenants desire to stay and enjoy the property. New roof installed in 2023.
  1. Listed by ARBORS REAL ESTATE, LLC

Property Details for 38-40 Walnut Street

Parking Spaces
20
Zoning
Multi

Location

Listing Courtesy of ARBORS REAL ESTATE, LLC
Add your commute
LISTING UPDATED: 04/12/2024 12:32 PM

Property Details for 38-40 Walnut Street

StatusActive
MLS #1641286
Days on Market77
Taxes$10,105 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeMulti-Unit / Other
Year Built1900
Lot Size0.42 AC / 18,255 SF
CountyAllegheny County

Location

Listing Courtesy of ARBORS REAL ESTATE, LLC
Add your commute

Building Information for 38-40 Walnut Street

Stories-Residences24Year Built1900Lot Size0.42 AC / 18,255 SF

Payment Calculator

$4,389 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,547

Property Taxes

$842

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 38-40 Walnut Street

Summary
Location and General Information
  • City Name: Etna
  • Postal Code: 15223
  • County Or Parish: Allegheny-North
  • County M 360: Allegheny
  • State Or Province: Pennsylvania
  • Directions: GPS
  • Public Transportation: Yes
Taxes and HOA Information
  • Map Num Block Num Lot Num Info: 0167-E-00345-0000-00
  • Taxes: $10,105
School Information
  • School District: Shaler Area
  • School Transportation: Yes
Parking
  • Parking Description: Detached Garage, On-Street Parking
Property
Lot Information
  • Acres: 0.4191
  • Lot Size: 0.4191
  • Type of Property: Other
  • Area: Etna
Property and Assessments
  • Insurance: $2,739
  • Maintenance: $3,882
  • Year Built Numeric: 1900
  • Disclaimer: Information Deemed Reliable, But Not Guaranteed
  • Photo Count: 50
Utilities
  • Utilities: $8,514
  • Utilities Available: Electricity, Gas, Sewer, Water
Interior and Exterior Features
Exterior Features
  • Roof: Asphalt
Interior Features
  • Baths Total: 0.0
  • Basement: Yes
Multi Family
Multi-Family Information
  • Num of Units: 8
  • Total Numof Units: 24
Income and Expenses
  • Gross Annual Income: $77,654
  • Net Operating Income: $41,117
  • Other Expenses: $1,200
Unit Information
Unit 1
  • Unit Full Baths 1: 1
  • UNIT Monthly Rent 1: 850
  • Unit Num Bedrooms 1: 1
Unit 2
  • Unit Full Baths 2: 1
  • UNIT Monthly Rent 2: 565
  • Unit Num Bedrooms 2: 2
Unit 3
  • Unit Full Baths 3: 1
  • UNIT Monthly Rent 3: 715
  • Unit Num Bedrooms 3: 2
Unit 4
  • Unit Full Baths 4: 1
  • UNIT Monthly Rent 4: 915
  • Unit Num Bedrooms 4: 1
Unit 5
  • Unit Full Baths 5: 1
  • UNIT Monthly Rent 5: 815
  • Unit Num Bedrooms 5: 1
Unit 6
  • Unit Full Baths 6: 1
  • UNIT Monthly Rent 6: 790
  • Unit Num Bedrooms 6: 1
Unit 7
  • Unit Full Baths 7: 1
  • UNIT Monthly Rent 7: 790
  • Unit Num Bedrooms 7: 1
Unit 8
  • Unit Full Baths 8: 0
  • UNIT Monthly Rent 8: 1098
  • Unit Num Bedrooms 8: 0
Rental
Rental Information
  • Tenant Occupied: Yes

Property History for 38-40 Walnut Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 38-40 Walnut Street

Taxable ValueLand$20,000Additions$115,600Total$135,600
Tax Record2023$5,053 ($421 / month)
Home Facts
Baths2Total Finished SqFt1,386 SqFtAbove Grade Finished SqFt1,386 SqFtStories2Lot Size18,254 SqFtStyleQuadraplexYear Built1900CountyALLEGHENYAPN167-E-345

Schools near 38-40 Walnut Street

This home is within Shaler Area School District.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 4 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Marzolf Primary School
PublicK to 3

Shaler Area El School
Public4 to 6

Shaler Area Middle School
Public7 to 8

Shaler Area High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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38-40 Walnut Street is for sale in Etna, PA 15223. This property was listed for sale on February 15, 2024 by ARBORS REAL ESTATE, LLC, it's currently listed at $650,000. This listing's school district is Shaler Area School District. Nearby schools include Marzolf Primary School, Shaler Area El School and Shaler Area Middle School. 38-40 Walnut Street is a 0-bed, 0-bath, built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ARBORS REAL ESTATE, LLC

The information is being provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 West Penn Multi-List, Inc.. All Rights Reserved. Last Updated: 04/12/2024 12:32 PM