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57 UNIT PITTSBURGH MULTIFAMILY PORTFOLIO

3 Residential Properties Offered at £2,271,279 in Multiple Locations

Investment Highlights

  • 3 PROPERTY PORTFOLIO
  • 54 UNITS

Executive Summary

3 PROPERTY PORTFOLIO
- 215-219 EAST 9TH AVE, HOMESTEAD PA 24 UNITS
2 Building 24 unit apartment building located in Homestead, PA for Sale. Located two blocks away from Pittsburgh's first Mixed Use entertainment and retail development, (The Waterfront) located on the site of the famous Homestead Steel Works Site. Located 7 miles Southeast of Downtown Pittsburgh. The property offers the investor a stabilized investment property with the potential of value add in a market with new development and the opportunity of enhanced NOI performance with unit upgrades.
- 984 JEFFERSON AVE, WASHINGTON, PA 28 UNITS
Stabilized Mixed Use Investment property located in one of Washington, PA busiest intersection. 24 Residential units above 4 retail tenants. Located at the signalized intersection of Jefferson Avenue and Wylie Avenue. The opportunity exists for the investor to add value and drive NOI by leasing of vacancies and upgrading units to capture market potential rents.
- 1120-1126 DOHRMAN ST, STOWE TWP, PA 7 UNITS
7 Unit side by side 2 bedroom 1 bath townhouse investment property for sale. Consistent performing asset with all utilities paid by the tenants including trash. Consistent high occupancy property with little landlord expenses.

Property Facts

Price £2,271,279
Price / SF £38.88 / SF
Net Initial Yield 8%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 3
Total Building Size 58,415 SF
Total Land Area 0.74 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Tyler Dale Village
980-998 Jefferson Ave, Washington, PA 15301
Residential 33,615 SF 1940 £1,066,513
215-219 E 9th Ave, Homestead, PA 15120 Residential 15,000 SF 1950 £790,010
1120-1126 Dohrman St, Mc Kees Rocks, PA 15136 Residential 9,800 SF 1950 £408,830
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  • Listing ID: 33058488

  • Date on Market: 04/09/2024

  • Last Updated:

  • Address: 57 UNIT PITTSBURGH MULTIFAMILY PORTFOLIO, Washington, PA

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