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Owner finance

$185,000

454 Freeport St

New Kensington, PA 15068

Beds4
Baths3
Year built1900
Listed by

Derek Greene, THE GREENE REALTY GROUP · (888) 278-5840

What the listing says

An incredible, cash-flowing investment opportunity awaits at 454 Freeport St in New Kensington, PA a fully occupied 3-unit multi-family property generating $2,600/month ($31,200 annually) with highly desirable OWNER FINANCING AVAILABLE to help you bypass traditional bank hurdles. All three units are 100% occupied by pre-vetted, reliably paying tenants who are already in place, offering immediate handsoff passive income from day one. Spanning 2,532 sq. ft. of gross living area, the building comprises Unit A (2-bed, 1-bath renting at $1,050/mo with updated paint, formica counters, and vinyl/hardwood flooring), Unit B (1-bed, 1-bath renting at $850/mo featuring wood cabinets and laminate floors), and Unit C (1-bed, 1-bath renting at $700/mo with hardwood flooring and a tiled shower). Tenants enjoy off-street parking options including a gravel driveway and 2-car detached garage, plus an expansive 1,180 sq. ft. basement, natural gas forced-air heat, and central air conditioning. Situated in a highly convenient New Kensington corridor, this location keeps units in high demand due to its proximity to local essentials. Families and working professionals benefit from nearby schools including Martin School, Roy A. Hunt Elementary, and Valley Junior-Senior High School. Residents have quick access to shopping centers, retail hubs, and grocery markets along Freeport Road, as well as outdoor recreation at Memorial Park and Massa Harbison Park. Premier healthcare services are also close by at Allegheny Valley Hospital and AHN Harmar Neighborhood Hospital. Whether you are looking to expand an existing portfolio or acquire a secure multi-family asset with pre-vetted tenants and seller financing options, this turnkey property is a must-see!

See the original listing ↗

This listing mentions owner financing. Terms are set by each seller and are negotiable. The description and numbers come from the listing and Zillow; confirm availability, the price and any financing with the seller or their agent.

Property Details

Property Type

Multi-Family

Lot Size

7,740.612 sq ft

HOA

None

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Questions about owner financing in New Kensington

What is owner financing for 454 Freeport St?

Owner financing means the seller of 454 Freeport St acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. The listing for this New Kensington, PA home mentions owner financing; confirm it with the seller.

Do I need good credit for owner financing?

There's no bank approval, but each seller sets their own requirements. Some check credit, income or references; others don't. Ask the seller or their agent what they need.

How much is the down payment for this New Kensington home?

There is no standard down payment. The seller of this New Kensington home sets their own, and it is negotiable. Ask the seller or their agent.

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