Lake Condo For Sale

Prime Investment Opportunity! Six unit apartment building w/ strong cash flow offering consistent income, modern updates, & impressive growth potential. Each unit provides a functional & desirable 2 bedroom, 1 bath layout with an open living/dining/kitchen concept and direct access to a back deck, making these apartments highly appealing to tenants. Major capital improvements have already been completed, including a new roof (2023), updated boilers, separately metered electric, updated siding, and ongoing interior cosmetic upgrades. Five units are currently leased, with one unit move-in ready, creating an opportunity to immediately boost income or perform light value add enhancements. With excellent gross operating income and stable tenancy, this property is ideal for both new investors seeking a reliable cash flowing asset and experienced investors looking to scale their portfolio.

Property Details

  • Beds: 12
  • Baths: 6.0
  • Year Built: 0
  • Location: (pending lake)
  • Acres: 0.066
  • Lakeview: Yes
  • ViewTypes: River
  • County: Allegheny-East County
  • Garage: On Street
  • Siding: Brick
  • Roof: Asphalt
  • Property Taxes: $3,127
  • MLS #: 1731152

Location

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Contact Information:

Contact Agent
Listing Agent: Nichole Merrell, Coldwell Banker Real Estate Services, 412-833-5405, 412-833-5405 Listing Site, Listing Status: Active
Copyright © 2025 West Penn Multi List, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Condo For Sale in Rankin, Pennsylvania
Ad Number : 6854568
Viewed: 2 times
Added: Nov 20, 2025
Updated on: Nov 20, 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified.