138 Clay Ave, Templeton, PA 16259

Apartment Building, located in Pine Township, Armstrong County in the village of Templeton. This is a rural town with many community amenities. Property is located 1 block from the Allegheny River and the Armstrong trail. Community amenities include a public park, ballfield, basketball courts, playground, public boat ramp accessing the Allegheny River. Templeton is located 9 miles from Kittanning and State Routes 422 and State Route 28 to Pittsburgh. Building has 5 apartments with room for at least 2 more! There are 4, 3-bedroom apartments and one 4-bedroom apartment. Current rent is $650/month per unit. All apartments are in average to good condition. There is a laundry room for tenants. List price is $329,900 yielding a 10% cap rate. New roof restoration included, comes with 10 year warranty. 4 lots of the 9 are being sold. Selling part of map #072.05-01-55 Part of Deed Book 3967 Page 167.