1101 Broadway St - Apartments FOR SALE


East McKeesport, PA 15035
$1,475,000 USD
412-353-9692
1101 Broadway St, East McKeesport, PA for Sale
$1,475,000 USD
Apartments - FOR SALE
1/8
null | 8.53% Cap Rate

1101 Broadway St
East McKeesport, PA 15035


HIGHLIGHTS

  • 26 units with a mix of 8 studios and 18 one-bedroom units
  • Upgraded electric panels
  • Covered Off Street Parking
  • Bus Stop located just a block away
  • Easy Access to Downtown Pittsburgh - 13 miles southeast

OVERVIEW

SVN Three Rivers Commercial Advisors is pleased to shared the opportunity to acquire Broadway Manor Apartments. The property consists of two buildings in East McKeesport with 26 units (mix of studios and one-bedroom units). The buildings provide off street parking (covered), coin op laundry, and easy access to public transit. Tenants are responsible for their own electric. Landlord pays all other utilities and charges a flat $50 per month utility fee to tenants. The utility charge is being increased to $75 a month per unit.

FOR SALE DETAILS

PRICE

$1,475,000 USD

PRICE/SF

$58 USD /SF

# OF UNITS

26

PRICE/UNIT

$56,731

CAP RATE

8.53%

% LEASED

96%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Broadway Manor Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1964

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,642 SF

ZONING

C

APN/PARCEL ID

0547-B-00152-0000-00,0547-B-00154-0000-00

ASK ABOUT THIS PROPERTY

Perry NickleachSVN | Three Rivers Commercial AdvisorsMore Info
412-353-9692

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Perry NickleachSVN | Three Rivers Commercial AdvisorsMore Info
412-353-9692

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.