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1801 Main St 6 Unit Apartment Building $356,125 CAD ($59,354 CAD/Unit) 10.61% Cap Rate Aliquippa, PA 15001
Executive Summary
What an incredible investment opportunity! This sturdy brick 6-unit building brings in $4,000 per month in rental income, plus additional income from the coin-operated laundry in the basement. Unit 1 (2nd Floor): Kitchen, oversized bedroom, two living areas – $625/month Unit 2 (2nd Floor): Kitchen, dining room, living room, large bedroom – $650/month Unit 3: One bedroom, spacious living room – $575/month Unit 4: Two bedrooms, full kitchen, living room, high ceilings, new flooring – $750/month Unit 5: Two bedrooms, kitchen, living room – $650/month Tenants in Units 1–5 pay their own electric. Unit 6: Large bedroom, kitchen, living room – $750/month (all utilities included). The building features a coin-operated laundry area for additional income, and the boiler is just 10 years old. This is a solid, income-producing property you won’t want to miss!
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$67,801
|
$13.16
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$67,801
|
$13.16
|
| Taxes |
$4,717
|
$0.92
|
| Operating Expenses |
$25,296
|
$4.91
|
| Total Expenses |
$30,013
|
$5.83
|
| Net Operating Income |
$37,788
|
$7.33
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $67,801 |
| Annual Per SF | $13.16 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $67,801 |
| Annual Per SF | $13.16 |
| Taxes (CAD) | |
|---|---|
| Annual | $4,717 |
| Annual Per SF | $0.92 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $25,296 |
| Annual Per SF | $4.91 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $30,013 |
| Annual Per SF | $5.83 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $37,788 |
| Annual Per SF | $7.33 |
Property Facts
| Price | $356,125 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $59,354 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.07 AC |
| Cap Rate | 10.61% | Building Size | 4,864 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1920 |
| Price | $356,125 CAD |
| Price Per Unit | $59,354 CAD |
| Sale Type | Investment |
| Cap Rate | 10.61% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 4,864 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1920 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+1 | 2 | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 08-042-0415.000 | Total Assessment | $138,028 CAD |
| Land Assessment | $8,152 CAD | Annual Taxes | $4,717 CAD ($0.97 CAD/SF) |
| Improvements Assessment | $129,876 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
08-042-0415.000
Land Assessment
$8,152 CAD
Improvements Assessment
$129,876 CAD
Total Assessment
$138,028 CAD
Annual Taxes
$4,717 CAD ($0.97 CAD/SF)
Tax Year
2025
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1801 Main St
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