516 Fayette Ave
Belle Vernon - WML, PA 15012
- – beds
- – baths
- – sqft
Don’t miss this rare opportunity to own an updated 5-unit property delivering an impressive 11% cap rate. Each unit features separately metered utilities, with tenants responsible for all expenses—including water, gas, electric, and garbage. The building has been fully upgraded with brand new mechanicals throughout, minimizing maintenance and maximizing efficiency. Sitting on nearly 3/4 of an acre of land, the property includes a massive off-street parking lot and a private dumpster setup, adding convenience for both landlord and tenants. Whether you're looking to expand your portfolio or step into a high-performing asset, this one checks all the boxes.
Last checked:
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Last updated Apr 18, 2025
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MLS# 1697156 —
The Building
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Basement:Unfinished
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Basement:true
Location
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Directions:USE GPS
The Property
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Property Type:ResidentialIncome
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Property Subtype:Other
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Property Subtype Additional:Other
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Lot Size Area:0.67
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Lot Size Acres:0.67
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Lot Size Units:Acres
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Lot Size Dimensions:263x66x265x65
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Zoning:C1
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Zoning Description:C1
Listing Agent
- Contact info:
- Agent phone:
- (724) 941-1427
- Office phone:
- (724) 941-1427
Taxes
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Tax Annual Amount:4981.0
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Tax Assessed Value:36150
Utilities
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Utilities:ElectricityAvailable,NaturalGasAvailable,SewerAvailable,WaterAvailable
Schools
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Elementary School District:Belle Vernon Area
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Middle Or Junior School District:Belle Vernon Area
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High School District:Belle Vernon Area
The Community
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Community Features:PublicTransportation
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# of Units In Community:5
Parking
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Parking Total:12.0
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Parking Features:Common,OffStreet
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/18/25
Apr 18, 2025
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Listed / Active | WPML | $325,000 |
