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    101 Central Sq Pittsburgh, PA 15228

    For Sale
    $3,950,000

    40 units in Mount Lebanon, strong occupancy, value-add potential.

    Property size:
    39,603 SF

    Property Features for 101 Central Sq

    General Information

    Size
    39,603 SF

    Source: Bryan Donaldson Agent Bryan Donaldson

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

    Overview

    Mount Lebanon Multifamily Investment Opportunity

    This offering presents the opportunity to acquire 40 units within three well-maintained brick buildings located on the same street in Mount Lebanon. The package includes 101 Central Sq. (14 units), 125-129 Central Square (15 units), and 126-128 Central Square (11 units). The properties are situated in an ideal Mount Lebanon location, less than two blocks from the Mt. Lebanon T Station and conveniently located around the corner from Washington Rd., with its numerous restaurants and shops, including Little Tokyo, Il Pizzialo, Bistro 19, Sesame Inn, and Mineo's Pizza. The landlord is responsible for all utilities except for electricity. The properties have a strong history of occupancy and offer a value-add opportunity due to a large portion of the rents being below market rate. The total property size is 39603 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Pittsburgh
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -80.0441042
    Latitude
    40.3800941

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    FAQs

    What type of property is this?
    Apartment building - 40 units in Mount Lebanon, strong occupancy, value-add potential.
    Where is this apartment building located?
    The property is located at 101 Central Sq Pittsburgh, PA.
    What is the asking price?
    The asking price for this property is $3,950,000.
    What are key features of this property?
    This property features: - Prime location in Mount Lebanon, near Washington Rd. restaurants and shops.; - Rare opportunity to acquire 40 units in Mount Lebanon.; - Less than 2 blocks from the Mt. Lebanon T Station.
    (724) 272-4225
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    101 Central Sq Pittsburgh, PA 15228
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