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Listed by HOWARD HANNA MID MON VALLEY OFFICE
$ 59,900
Est. payment /mo
Active
201 Water St Fayette City, PA 15438
6,067 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1751973
HOA Y/N No
Year Built 1850
Annual Tax Amount $1,172
Lot Size 6,067 Sqft
Acres 0.1393
Property Sub-Type Duplex
Property Description
This property offers exceptional investment potential, featuring a fully renovated turn-key unit and a second spacious unit ready for completion, mostly cosmetic. Currently configured as a duplex, the layout allows for an easy conversion into a triplex, creating multiple income-producing opportunities. Even better, the property already has separate utilities, making management and tenant billing simple and efficient.
The first unit is completely upgraded, never lived in, and ready to rent immediately—perfect for generating instant cash flow. The second unit is a large three-bedroom rental with excellent layout flexibility. With its generous square footage, it can be split to create an additional rental unit, transforming the entire property into a three-unit building and each tennant having their own entrance.
A major advantage is the existing plumbing infrastructure:
The laundry room on the left as you enter can be converted into a full bathroom, with the original tub still behind the wall on the right side of the current laundry room, making the upgrade even easier.
Parking is convenient with plenty of on-street parking plus one dedicated spot on the property.
Whether you're an investor seeking strong rental income or a buyer looking for a property with built-in expansion potential, this versatile duplex—with its straightforward path to becoming a triplex and its separate utilities—delivers outstanding value and opportunity.
The first unit is completely upgraded, never lived in, and ready to rent immediately—perfect for generating instant cash flow. The second unit is a large three-bedroom rental with excellent layout flexibility. With its generous square footage, it can be split to create an additional rental unit, transforming the entire property into a three-unit building and each tennant having their own entrance.
A major advantage is the existing plumbing infrastructure:
The laundry room on the left as you enter can be converted into a full bathroom, with the original tub still behind the wall on the right side of the current laundry room, making the upgrade even easier.
Parking is convenient with plenty of on-street parking plus one dedicated spot on the property.
Whether you're an investor seeking strong rental income or a buyer looking for a property with built-in expansion potential, this versatile duplex—with its straightforward path to becoming a triplex and its separate utilities—delivers outstanding value and opportunity.
Location
State PA
County Fayette
Area Fayette City
Zoning res
Rooms
Basement Full
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Parking Features Off Street
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Total Parking Spaces 1
Schools
School District Belle Vernon Area
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