1026 Line Rd Portage, PA 15946
Other
MLS #: 96037940
Courtesy Of PERRY WELLINGTON HOLLIDAYSBURG
Property InformationDescription
Unlock massive cash flow with this well maintained 10-bedroom, 4-bathroom estate on 3/4 acre. Perfectly designed for "house-hacking" or an Airbnb powerhouse, the property features two fully independent levels: Upper Level: 4 bedrooms, 1.5 baths, full kitchen, and spacious living area. Ideal for a family or premium rental. Lower Level: 6 bedrooms, 1.5 baths, private entrance, second kitchen, and living area. Currently generates $3,000/mo from 4 rooms ($750/ea) on month-to-month leases. Potential for $4,500/mo from this level alone. Location Perks: Situated near the Allegheny Portage Railroad National Historic Site (Lemon House & engine houses) and the Staple Bend Tunnel (the first U.S. railroad tunnel), this home is a magnet for history buffs and rail-trail enthusiasts. The Math: At a 14.6% projected Cap Rate, the basement income can cover your entire mortgage. Live upstairs for free or rent both levels for a $7,300+ gross monthly potential.
Features
- Architecture Style: Other
- Cooling System: Window Unit(s)
- Cooling System: Multi Units
- Exterior Type: Frame
- Exterior Type: Brick
- Floors: 1
- Heating System: Radiant
- Heating System: Hot Water (Heating)
- Heating System: Zoned (Heating)
- Legal Description: DB 1472 PG 1071
- MLSID: 96037940
- Parking Spaces: 6
- Roof Type: Metal
- Rooms: Basement
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