Highland ParkPittsburgh School DistrictAllegheny County
8.00% Cap Rate • Five Legal Units • Diverse Unit Mix • Updated Interiors • Private Balcony or Deck for Every Apartment. First Investment Preview: Tuesday, June 30 from 2:00-4:00 PM. Buyers are encouraged to attend with their real estate agent. Future showings will be limited to designated showing days to minimize disruption to tenants. Fully occupied and professionally maintained five-unit multifamily investment featuring an efficiency, two 1-bedroom apartments, a spacious 2-bedroom apartment, and an oversized 3-bedroom/2-bath apartment. Recent capital improvements include a new roof, gutters, and downspouts. Every apartment features updated kitchens and bathrooms, high ceilings, abundant natural light, and its own private balcony or deck. Tenants pay their own gas and electric utilities while reimbursing the owner for water, helping minimize operating expenses. Additional income is generated through on-site laundry facilities. The property also features a large usable backyard, RM-M zoning, stable long-term tenants, and an exceptional East End location convenient to universities, hospitals, shopping, restaurants, and public transportation.
General Information
Gross Annual Income 89760
Gross Operating Income 89160
Lot Size 6500 SF
Public Transportation
Taxes $4,349
Zoning RM-M
Exterior Features
Construction Brick
Parking Other Parking Available
Roof Composition
Utilities
Utilities Available Electricity, Gas, Sewer, Water
Listing courtesy of HOWARD HANNA REAL ESTATE SERVICESInformation Herein is Deemed Reliable but Not Guaranteed