44-50-60 Academy Ave - Apartments FOR SALE


Pittsburgh, PA 15228- Mount Lebanon
$6,250,000 USD
724-272-4225
44-50-60 Academy Ave, Pittsburgh, PA for Sale
$6,250,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

44-50-60 Academy Ave
Pittsburgh, PA 15228
Mount Lebanon


HIGHLIGHTS

  • Two attractive brick buildings located in Mt. Lebanon
  • 56 Total units plus indoor parking garage and off street parking lot
  • Property is less than a block away from Washington Road

OVERVIEW

SVN Three Rivers Commercial Advisors is pleased to present this rare opportunity to purchase a 56 unit apartment building in Mount Lebanon with a 47 car indoor parking garage. The sale consists of two side by side buildings (44 Academy and 50-60 Academy). The property has a mix of EFF / 1BR’s / and 2BR’s. Landlord pays for heat / water/ sewage and tenant pays for electric. The property is in an ideal Mt Lebanon location right around the corner from Washington Rd. and all the restaurants/shops: Little Tokyo, Il Pizzialo, Bistro 19, Sesame Inn, Mineo’s Pizza, etc.

FOR SALE DETAILS

PRICE

$6,250,000 USD

PRICE/SF

$140 USD /SF

# OF UNITS

56

PRICE/UNIT

$111,607

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Apartments on Academy

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1900

PARKING SPACES

47

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,478 SF

ZONING

-

APN/PARCEL ID

0141-A-00110-0000-00,0141-A-00119-0000-00

ASK ABOUT THIS PROPERTY

Bryan DonaldsonSVN - Three Rivers Commercial AdvisorsMore Info
724-272-4225

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

Bryan DonaldsonSVN - Three Rivers Commercial AdvisorsMore Info
724-272-4225

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