1500 Fallowfield Ave - Apartments FOR SALE


Beechview, PA 15216
$1,900,000 USD
724-272-4225
1500 Fallowfield Ave, Beechview, PA for Sale
$1,900,000 USD
Apartments - FOR SALE
1/50
null | 7.31% Cap Rate

1500 Fallowfield Ave
Beechview, PA 15216


OVERVIEW

SVN | Three Rivers Commercial Advisors is pleased to present this 15 Unit apartment building located in the Beechview neighborhood of Pittsburgh. Attractive unit mix of (13) 2BR's and (1) 1BR and (1) studio. The units have separate gas and electric and central AC. Property is located in Beechview, which has been undergoing a revitalization over the past couple years. The building is only a block from the T Station and 3 miles from Downtown Pittsburgh. Opportunity to continue renovations to increase rents to market levels.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$189 USD /SF

# OF UNITS

15

PRICE/UNIT

$126,667

CAP RATE

7.31%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

C

APN/PARCEL ID

0035-C-00020-0000-00

ASK ABOUT THIS PROPERTY

Bryan DonaldsonSVN - Three Rivers Commercial AdvisorsMore Info
724-272-4225

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Bryan DonaldsonSVN - Three Rivers Commercial AdvisorsMore Info
724-272-4225

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