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215-219 E 9th Ave
Homestead, PA 15120

Residential Property For Sale · 24 Units

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Executive Summary

2 Building 22 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.

PROPERTY FACTS

Price Per Unit	£32,917	Building Class	C
Sale Type	Investment	Lot Size	0.15 AC
Net Initial Yield	8%	Building Size	15,000 SF
No. Units	24	Average Occupancy	95%
Property Type	Residential	Number of Floors	4
Property Subtype	Apartment	Year Built	1950
Apartment Style	Mid Rise

Price Per Unit	£32,917
Sale Type	Investment
Net Initial Yield	8%
No. Units	24
Property Type	Residential
Property Subtype	Apartment
Apartment Style	Mid Rise
Building Class	C
Lot Size	0.15 AC
Building Size	15,000 SF
Average Occupancy	95%
Number of Floors	4
Year Built	1950

Site Amenities

Property Manager on Site

PROPERTY TAXES

Parcel Number	0130-K-00308-0000-00	Improvements Assessment	£145,836
Land Assessment	£32,390	Total Assessment	£178,226

PROPERTY TAXES

Parcel Number

0130-K-00308-0000-00

Land Assessment

£32,390

Improvements Assessment

£145,836

Total Assessment

£178,226

zoning

Zoning Code	MULTI FAMILY
MULTI FAMILY

Listing ID: 33058345
Date on Market: 04/09/2024
Last Updated:
Address: 215-219 E 9th Ave, Homestead, PA 15120

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