18-24 Wilson Ave | Washington, PA 15301
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18-24 Wilson Ave
Washington, PA 15301
Office Property For Sale
Investment Highlights
- Medical Office with four patient rooms, restrooms, office, and ample storage
- Prime location, steps from UPMC Washington Hospital
- Long Term Tenants
- Multi-family units; 1BR Unit and 3BR Single Family Residence
- 100% Occupancy
- Lucrative investment opportunity
Executive Summary
Introducing an exceptional investment opportunity in the vibrant Pittsburgh area. This property comprises three units, each offering a lucrative 100% occupancy, ensuring a stable and immediate return on investment. Strategically situated for seamless access to major highways, this property provides unparalleled connectivity to Pittsburgh and neighboring areas. With a history of strong rental performance, this property is an irresistible prospect for office investors seeking a valuable addition to their portfolio.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Sale & Leaseback
Property Type
Office
Property Subtype
Building Size
6,396 SF
Building Class
C
Year Built
1940
Price
£260,488
Price Per SF
£41
Net Initial Yield
11.70%
NOI
£30,477
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
3,198 SF
Building FAR
0.46
Lot Size
0.32 AC
Zoning
C/MD - Medical District
Parking
20 Spaces (3.13 Spaces per 1,000 SF Leased)
Amenities
- Bus Route
- Central Heating
- Air Conditioning
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £123,191 | |
| Land Assessment | £33,823 | Total Assessment | £157,014 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£33,823
Improvements Assessment
£123,191
Total Assessment
£157,014
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