Property Details
Property Type
Multifamily- 4 Unit
Location
Deal type
Houtzdale
We just added a rare find to our Deal Depot / One of our ON MARKET Listings— a fully rented, income-producing 4-unit property in Houtzdale, PA for just $165,000. Whether you're a long-term buy-and-hold investor or looking for stable rural returns, this one is worth your attention.
Here’s what makes this deal stand out:
✅ Price: $165,000
✅ Current Cap Rate: 7.25%
✅ Pro Forma Cap Rate: 9.40%
✅ Cash-on-Cash Return (Projected): 10.26%
✅ Fully occupied with reliable tenants
✅ Recent furnace & mechanical updates
✅ Public utilities, full basement, off-street parking (6 spots)
✅ Below-market rents = Immediate Upside
✅ Under $42K/Unit – Less than half the cost of many 4-units in surrounding markets
The borough of Houtzdale has extremely low vacancy rates, a quiet, tenant-friendly atmosphere, and an average resident age of 65+. Demand is high and supply is low — making this the type of market where cash flow stays steady, and turnovers are rare.
📊 We’ve included a full breakdown of both current and pro forma financials, with side-by-side comparisons so you can evaluate quickly.
📍 Full Details, Photos, and Financials:
🔗 Click to View This Deal on Our Deal Depot
If you have questions, want to run numbers, or would like to schedule a walk-through — just reply here. We’d be glad to dig in with you.
Talk soon,
The Morrow Wargo Group
Realty ONE Group Supreme
admin@morrowwargo.com
484-791-6200
www.morrowwargo.com