525 Franklin St - Apartments FOR SALE


East Pittsburgh, PA 15112
$230,000 USD
724-875-9438
525 Franklin St, East Pittsburgh, PA for Sale
$230,000 USD
Apartments - FOR SALE
1/1
null | 8% Cap Rate

525 Franklin St
East Pittsburgh, PA 15112


HIGHLIGHTS

  • Great cash flow and some value add potential.

OVERVIEW

Very Nice 5 unit apartment building in E Pittsburgh close to Rt. 30 and Forest Hills and the Parkway to downtown Pittsburgh. Numerous units have been renovated with new kitchens in units 2, 3 and updated in unit 4. New windows in 2020. Unit 4 is having all the floors redone currently. The bath is to be updated and the entrance way stairwell carpeting is being replaced. A building with good cash flow and some value add potential. Currently four out of the five units are occupied. The last unit is being updated then will be rented.

FOR SALE DETAILS

PRICE

$230,000 USD

PRICE/SF

$23 USD /SF

# OF UNITS

5

PRICE/UNIT

$46,000

CAP RATE

8%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,942 SF

ZONING

MF-1

APN/PARCEL ID

0375-R-00013-0000-00

ASK ABOUT THIS PROPERTY

Craig BaumHoward Hanna Wilson Baum Real EstateMore Info
724-875-9438

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Craig BaumHoward Hanna Wilson Baum Real EstateMore Info
724-875-9438

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