200 Electric Ave - Apartments FOR SALE


East Pittsburgh, PA 15112
$1,100,000 USD
412-353-9692
200 Electric Ave, East Pittsburgh, PA for Sale
$1,100,000 USD
Apartments - FOR SALE
1/17
null | 9.1% Cap Rate

200 Electric Ave
East Pittsburgh, PA 15112


HIGHLIGHTS

  • Recent updates to units and common areas
  • Brand new electrical service just installed in all units
  • Each unit has separate heating and central air
  • Small parking lot across the street, included with sale

OVERVIEW

SVN Three Rivers Commercial Advisors is pleased to present 200 Electric Ave, a promising investment opportunity in East Pittsburgh Borough. This impressive property boasts 16 units, comprised of eight 1-bedroom/1-bathroom and eight 2-bedroom/1-bathroom units. Tenants are responsible for electric bills and the landlord covers water/sewer, gas, and trash.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$78 USD /SF

# OF UNITS

16

PRICE/UNIT

$68,750

CAP RATE

9.1%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jody Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,891 SF

ZONING

-

APN/PARCEL ID

0375-H-00147-0000-00

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.