1309 E Carson St - Storefront Retail/Residential FOR SALE


Pittsburgh, PA 15203- Southside Flats
$550,000 USD
1309 E Carson St, Pittsburgh, PA for Sale
$550,000 USD
Storefront Retail/Residential - FOR SALE
1/12
null | 7.01% Cap Rate

1309 E Carson St
Pittsburgh, PA 15203
Southside Flats


HIGHLIGHTS

  • 100% lease investment property
  • Opportunity for consistent cash flow
  • Within walking distance of downtown

OVERVIEW

This stately brick building in the heart of the Southside has a commercial space on the first floor, 1 three bedroom apartment, and 1 two or three bedroom apartment (depending on configuration) above, providing the opportunity for consistent cash flow. Many updates have been made by the current owners, including two new furnaces, two new A/C condensers, a partial new roof, hot water tanks, backflow preventer, and more, including cosmetic updates throughout. The superb location offers high visibility and traffic for the commercial tenant and puts residential tenants within walking distance of downtown as well as countless bars, restaurants and stores in the popular Southside business district. Gas and electric are split and tenants pay all utilities except for water.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$145 USD /SF

CAP RATE

7.01%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,920 SF

ZONING

LNC

APN/PARCEL ID

0003-H-00146-0000-00

ASK ABOUT THIS PROPERTY

Ryan EdmondsonKeller Williams RealtyMore Info

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