173 Princeton Ave - Apartments FOR SALE


West View, PA 15229
$475,000 USD
412-535-5703
173 Princeton Ave, West View, PA for Sale
$475,000 USD
Apartments - FOR SALE
1/8
null | 8.44% Cap Rate

173 Princeton Ave
West View, PA 15229


HIGHLIGHTS

  • 5 of 6 units recently renovated
  • North Hills School District
  • Off street parking and ample street parking available
  • Separately metered electric service
  • Recent roof replacement
  • All water heaters and 4 furnaces have been replaced

OVERVIEW

SVN Three Rivers Commercial Advisors is pleased to present 173 Princeton Avenue for sale. The property consists of 6 one-bedroom apartments and has been well maintained, with five of the six units renovated. Electric service is separately metered, and each unit has its own hot water tank. The property benefits from its location within the highly regarded North Hills School District and offers convenient access to Downtown Pittsburgh, major employment centers, retail amenities, and transportation corridors. Investors have the opportunity to acquire a stabilized asset with strong in-place tenancy and continued upside through a future rent growth of 13.5%.

FOR SALE DETAILS

PRICE

$475,000 USD

PRICE/SF

$113 USD /SF

# OF UNITS

6

PRICE/UNIT

$79,167

CAP RATE

8.44%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1954

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,223 SF

ZONING

-

APN/PARCEL ID

0279-F-00220-0000-00

ASK ABOUT THIS PROPERTY

Chase TakacsSVN | Three Rivers Commercial AdvisorsMore Info
412-535-5703

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Chase TakacsSVN | Three Rivers Commercial AdvisorsMore Info
412-535-5703

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