Property Description
This property offers exceptional investment potential, featuring a fully renovated turn-key unit and a second spacious unit ready for completion, mostly cosmetic. Currently configured as a duplex, the layout allows for an easy conversion into a triplex, creating multiple income-producing opportunities. Even better, the property already has separate utilities, making management and tenant billing simple and efficient. The first unit is completely upgraded, never lived in, and ready to rent immediately—perfect for generating instant cash flow. The second unit is a large three-bedroom rental with excellent layout flexibility. With its generous square footage, it can be split to create an additional rental unit, transforming the entire property into a three-unit building and each tennant having their own entrance. A major advantage is the existing plumbing infrastructure: The laundry room on the left as you enter can be converted into a full bathroom, with the original tub still behind the wall on the right side of the current laundry room, making the upgrade even easier. Parking is convenient with plenty of on-street parking plus one dedicated spot on the property. Whether you’re an investor seeking strong rental income or a buyer looking for a property with built-in expansion potential, this versatile duplex—with its straightforward path to becoming a triplex and its separate utilities—delivers outstanding value and opportunity.
Features
Basement:
1
Parking Spaces:
Yes
Parking Description:
Off-street Parking
Utilities Available:
Electricity, Gas, Sewer, Water
Additional information
List Office MLSID:
13438
List Office Name:
HOWARD HANNA MID MON VALLEY OFFICE
Lot Size:
0.1393
Taxes:
$1,172
Unit Count:
2
Zoning:
res
School District:
Belle Vernon Area
Original Entry Timestamp:
04/05/2026
Agent Info
List Agent Direct Work Phone:
724-929-9699
List Agent Full Name:
Marie Slagus
List Agent MLSID:
210472

Multi-unit For Sale

201 Water St, Fayette City, 15438

0.14 Acre
$59,900
Listing ID #1751973
Basic Details
Property Type :
Multi-unit
Listing Type :
For Sale
Listing ID :
1751973
Price :
$59,900
Year Built :
1850
Lot Area :
0.14 Acre
County:
Fayette
City:
Fayette City
Zipcode:
15438
Status :
Active
Agent info
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