Lincoln-LarimerPittsburgh School DistrictAllegheny County
Fully occupied 4 unit building. 2 of 4 units are HACP Voucher assisted. 3 units have potential for sizable rent increases. Mostly longer term tenants in place that would like to stay. With some updates and raising rents closer to fair market values on the voucher payment standards, this property has potential to produce a very healthy return. Current rents produce a 12.5 CAP if self managed or 11 CAP with use of a PM. Current gross rents of 4062/month.
General Information
Gross Annual Income 48744
Gross Operating Income 46307
Lot Size 0.074
Taxes $1,325
Zoning Multi
Listing courtesy of COLDWELL BANKER REALTYInformation Herein is Deemed Reliable but Not Guaranteed