1500 Fallowfield Ave - Apartments FOR SALE


Beechview, PA 15216
$1,800,000 USD
1500 Fallowfield Ave, Beechview, PA for Sale
$1,800,000 USD
Apartments - FOR SALE
1/6
null | 7.51% Cap Rate

1500 Fallowfield Ave
Beechview, PA 15216


HIGHLIGHTS

  • Solid brick building located one block from the T Station
  • Attractive unit mix: (13) 2BR's / (1) 1BR/ (1) Studio
  • Opportunity to increase rents to market levels

OVERVIEW

SVN | Three Rivers Commercial Advisors is pleased to present this 15 Unit apartment building located in the Beechview neighborhood of Pittsburgh. The units have separate gas and electric and central AC. Attractive unit mix: (13) 2BR's / (1) 1BR/ (1) Studio. 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.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$179 USD /SF

# OF UNITS

15

PRICE/UNIT

$120,000

CAP RATE

7.51%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2018

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,749 SF

ZONING

C

APN/PARCEL ID

0035-C-00020-0000-00

ASK ABOUT THIS PROPERTY

Perry NickleachSVN | Three Rivers Commercial AdvisorsMore Info

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Perry NickleachSVN | Three Rivers Commercial AdvisorsMore Info

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