305 Bessemer Ave - Apartments FOR SALE


East Pittsburgh, PA 15112
$475,000 USD
305 Bessemer Ave, East Pittsburgh, PA for Sale
$475,000 USD
Apartments - FOR SALE
1/14
null | 10.71% Cap Rate

305 Bessemer Ave
East Pittsburgh, PA 15112


HIGHLIGHTS

  • Turnkey investment property
  • Laundry on site
  • Roof replaced 9 years ago
  • Most mechanicals updated

OVERVIEW

SVN Three Rivers Commercial Advisors is pleased to present 305 Bessemer Ave in East Pittsburgh for sale. This is a 6 unit property made up of (3) 2BD/1BA units and (3) 3BD/1BA units. The building is well maintained by the current owner and many recent updates have been made to the units. The landlord pays for trash and tenants pay for all other utilities. All units are separately metered for Water and Electric. There is no gas service to the property. Four of six units are currently occupied by families, with three longer-term tenants providing stability. Room to increase rents through continued unit updates and professional management.

FOR SALE DETAILS

PRICE

$475,000 USD

PRICE/SF

$79 USD /SF

# OF UNITS

6

PRICE/UNIT

$79,167

CAP RATE

10.71%

% 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

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

NC - Mixed-Use Commercial

APN/PARCEL ID

0375-P-00214-0000-00

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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