671 5th St - Apartments FOR SALE


Oakmont, PA 15139
$350,000 USD
724-272-4225
671 5th St, Oakmont, PA for Sale
$350,000 USD
Apartments - FOR SALE
1/23
null | Request Cap Rate

671 5th St
Oakmont, PA 15139


HIGHLIGHTS

  • Ability to increase rents to market average
  • Located in Oakmont, a quaint, desirable submarket of Pittsburgh
  • Within walking distance to local amenities such as community parks, bars and eateries.
  • Tenants pay electric for 4 of the 5 units - opportunity to reallocate utility responsibility.
  • Laundry available on site
  • Common Areas have been repainted in 2020

OVERVIEW

SVN | Three Rivers Commercial Advisors is pleased to present 5 Units for sale in Oakmont, PA. The property is comprised of five 1-bedroom, 1-bathroom units. The landlord currently pays all water and sewer charges, as well as all gas for cooking/hot water (except for Unit #1, where Tenant pays their own gas which also powers that units furnace). There have been recent improvements in 2020 including, installation of a new washer/dryer, the common areas have been repainted, and the attic space connected to apartment #3 has been renovated. Located approximately 20 minutes from Downtown Pittsburgh the location allows easy access to Route 28, PA Turnpike, and Allegheny River Blvd. Local amenities include the famous Oakmont Country Club, Oakmont Bakery, local eateries, and community parks. The property is located in the Riverview School District.

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$70 USD /SF

# OF UNITS

5

PRICE/UNIT

$70,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1886

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

Residential

APN/PARCEL ID

0363-C-00208-0000-00

ASK ABOUT THIS PROPERTY

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

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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.