Backup offers
$3,147 Closing Credit¹
#1686706, Gina Liptak, Listing Office: Re/Max Select Realty
$325,000 List price
516 Fayette Ave Belle Vernon Wml, PA 15012
$3,859
Closing credit¹
0.7 acres
House
Property details
About 516 Fayette Ave
Don’t miss this rare opportunity to own an updated 5-unit property delivering an impressive 11% cap rate. Each unit features separately metered utilities, with tenants responsible for all expenses—including water, gas, electric, and garbage. The building has been fully upgraded with brand new mechanicals throughout, minimizing maintenance and maximizing efficiency. Sitting on nearly 3/4 of an acre of land, the property includes a massive off-street parking lot and a private dumpster setup, adding convenience for both landlord and tenants. Whether you're looking to expand your portfolio or step into a high-performing asset, this one checks all the boxes.
Highlights
Home typeOther
StatusActive
BasementYes
Lot size0.67 Acres
ParkingCommon, Off Street
MLS #1697156
Summary
- MLS Number: 1697156
- MLS Name: WESTPENN
- Office Name: Realty One Group Gold Standard
- Office Phone: (724) 941-1427
- Office Email: administration@goldstandardpitttsburgh.com
- Listing Agent: Dominick Francia
The multiple listing information is provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. IDX info provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change, or withdrawal. Listings displaying the IDX logo belong to brokers other than this broker. Neither the listing broker(s) nor this broker or the MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
Copyright © 2025 West Penn Multi-List, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/24/2025, 8:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$325,000
516 Fayette Ave
$3,859
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
4
Marion Elementary School
Public District KG-6
1.7 mi
•500 Perry Ave Ste 2
3
Monessen Elementary Center
Public District KG-5
2.2 mi
•1275 Rostraver St
6
Rostraver Elementary School
Public District KG-6
4.0 mi
•300 Crest Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $37,184. The majority of Belle Vernon Wml, PA residents have income less than $<35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
48%
<35k
45%
35k-100k
7%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
51%
Single, No Kids
9%
Single, with Kids
26%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
7%
12-17 yrs old
18%
18-34 yrs old
44%
35-64 yrs old
20%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Motocross
NASCAR
Where do the neighbors shop?
Kmart
GameStop
Dollar General
Where do the neighbors go to eat?
Bob Evans
Sonic
Cracker Barrel
What do the neighbors drive?
Buick
Jeep
Ram
What do the neighbors listen to?
Oldies
Country- Classic Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 516 Fayette Ave
This home is located at 516 Fayette Ave in Belle Vernon Wml, PA and zip code 15012. Features: 0 bathroom. It has been listed on Rocket Homes since April 18, 2025 and is currently priced at $325,000.
In March 2025, from all listings sold in Belle Vernon Wml, PA there were more than 0 sold above asking price, over 2 sold below and more than 0 were sold right at the asked price. The inventory of homes for sale in Belle Vernon Wml, PA between February and March 2025 increased by 31%. The median list price of listings available in March 2025 was $239,900, while the average time on the real estate market was 143 days.
From Rocket Homes Real Estate and based on county public records data.