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517 S 5Th St Duquesne, PA 15110

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For Sale
$582,000

Nine-unit portfolio with strong rental history and upside potential.

Property size:
10,000 SF

Property Features for 517 S 5Th St

General Information

Size
10,000 SF

Source: John Westermann Agent John Westermann

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Duquesne Multifamily Investment Opportunity

This offering features a nine-unit multifamily portfolio consisting of three properties in close proximity to each other. The units are occupied by a mix of Allegheny County Section 8 tenants, the Chartiers Center, and market rents. The property benefits from a 16% increase in scheduled rents when already-approved Section 8 rent increases are implemented. Scheduled rents could increase by another 13% by converting three of the units to larger bedroom counts. The property has a strong rental history and significant upside potential through Section 8 scheduled increases and unit reconfigurations. The property is located in Duquesne, PA.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Duquesne
County
Allegheny
State
Pennsylvania
Longitude
-79.847737
Latitude
40.366693

FAQs

What type of property is this?
Apartment building - Nine-unit portfolio with strong rental history and upside potential.
Where is this apartment building located?
The property is located at 517 S 5Th St Duquesne, PA.
What is the asking price?
The asking price for this property is $582,000.
What are key features of this property?
This property features: - 16% increase in scheduled rents already approved through Section 8.; - Significant upside potential with an additional 13% increase possible by converting three units to larger bedroom counts.; - Portfolio of 9 units across three properties in close proximity.
More about this property
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