Listing provided courtesy of ERA Team VP Real EstateMLS# R1648651MLS ProviderContact Information: (724) 553-6051
  • 219 days on site
  • 5 views

Exceptional Multifamily Investment – 7.9% Cap Rate Turnkey multifamily property offering a strong 7.9% cap rate and immediate cash flow. This well-maintained asset provides stable income with solid fundamentals, making it an excellent addition to any investor’s portfolio. The property features multiple units with strong occupancy and consistent rental history. Units are well-kept with functional layouts that appeal to long-term tenants. Located in a desirable rental corridor near major employers, transportation, shopping, and everyday amenities, this property benefits from steady tenant demand and long-term appreciation potential. Investment Highlights: • 7.9% cap rate • Stable tenant base • Strong rental history • Efficient operating expenses • Potential for rental upside Ideal for both seasoned investors and those looking to expand their multifamily holdings with a cash-flowing asset in a high-demand area. Contact for full financial package, rent roll, and expense breakdown.

Source: New York Alliance, MLS#: R1648651

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  • Property Type
    Residential Income
  • Lot
    0.60 acres

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Century 21 Turner Brokers
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  • Median Age
    60
  • Population Density
    40
  • College Educated
    35%
  • Estimated Median Income
    $58,947
  • Estimated Total Home Owners
    357
  • Estimated Total Renters
    83
  • Owner / Renter Divide
    81% / 19%
  • Estimated Average Household Size
    2
  • Total Population
    1,032
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 2900 Gerry Ellington Road


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/7/2026Source: New York Alliance Price Reduction
$375,000 -3.8%
2/13/2026Source: New York Alliance Price Reduction
$390,000 -1.3%
11/22/2025Source: New York Alliance Added to Database
November 22, 2025