3600 Brownsville Rd - Apartments FOR SALE


Pittsburgh, PA 15227- Brentwood
$562,059 USD
412-398-1541
3600 Brownsville Rd, Pittsburgh, PA for Sale
$562,059 USD
Apartments - FOR SALE
1/6
null | 8.5% Cap Rate

3600 Brownsville Rd
Pittsburgh, PA 15227
Brentwood


HIGHLIGHTS

  • Brownsville Rd Frontage
  • Brick Building
  • Fully Occupied

OVERVIEW

For sale: 5-unit mixed-use property featuring 4 apartments + 1 restaurant. All units updated. Strong in-place cash flow with upside. Unit Mix: • (3) 2-Bedroom apartments • (1) 1-Bedroom apartment • (1) Commercial restaurant space Rents (Monthly): • Apts total: $3,920/mo • Restaurant: $2321/mo • Total: $6,241/mo | $74,892 annually Utilities: • Separate electric for all units • Building gas separate from restaurant (2 meters total) • 3 apartments electric heat, 1 gas furnace • Restaurant has furnace + A/C • One water/sewer meter (owner paid) Additional Features: • Basement storage for tenants, owner, and restaurant • Commercial tax & water costs allocated to restaurant • 5% vacancy factored Tax portion + Water/Sewer Fee from restaurant = $6,574 Financials: • NOI: ~$47,775 • Cap Rate: 8.5% • Asking Price: $562,059 Solid, stabilized asset with mixed-use diversification. Serious buyers only. Financials available upon request.

FOR SALE DETAILS

PRICE

$562,059 USD

PRICE/SF

$108 USD /SF

# OF UNITS

4

PRICE/UNIT

$140,515

CAP RATE

8.5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

COM

APN/PARCEL ID

0188-B-00082-0000-00

ASK ABOUT THIS PROPERTY

Daniel NathFather & Son Property InvestsMore Info
412-398-1541

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Daniel NathFather & Son Property InvestsMore Info
412-398-1541

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