Investor Alert! 5 unit building in University City, in the Squirrel Hill section, with active rental license/zoning. All separate utilities except hot/cold water. Many renovations, including 4 newer kitchens with appliances and 5 newer baths, 3/8" vinyl flooring in units and some new plumbing and electric, all redone in 2022. Two heat forced air furnaces and all electric baseboard heat replaced in 2024/2025. All units have A/C with either C/A or mini-splits and one window unit. Laundry in basement. Three 1BR/1BA, one 1 BR/1BA w/office and one studio. Building is currently fully leased with a total current annual revenue of $64,200.00. Units currrently rented below market value due mostly to some winter leases, providing future upside. Great value-add potential opportunity with garage parking and potential space for paid parking in rear. Garage marketed as-is.
Convenient to Penn, Drexel and University of the Sciences. # 13 trolley stops in front of the building and a commuter train 1 block away.