Turnkey Triplex Investment
3700 Brighton Road Pittsburgh, PA 15212
3700 Brighton Road, Pittsburgh, PA, 15212
$319,900
For Sale
$319,900
Fully occupied triplex with upside in Pittsburgh's Brighton Heights.
Property Size1,750 SF
Price / SF$182.80
Days on Market100
Property Features for 3700 Brighton Road
General Information
- Standard status
- Active
- Size
- 1,750 SF
- Property subtype
- Multi-Unit / Duplex
Building Details
- Year Built
- 1930
Listing Agency
KELLER WILLIAMS EXCLUSIVE
(412) 310-0620
Listed by
Ryan Edmondson · License #RS312193
(412) 310-0620
Source
Compass
Added: Apr 13 Updated: Jul 10 at 12:24 pm Checked: Jul 19 at 5:05 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS EXCLUSIVE
Investment Insights
Based on property information with market context.
This is a fully occupied triplex investment opportunity with potential for increased income. Located in Brighton Heights on Pittsburgh's North Side, the property provides tenants with convenient access to Downtown, Riverview Park, Allegheny General Hospital, and North Shore entertainment. Two of the three units have been updated with new kitchens, bathrooms, and finishes. The first-floor unit, a 1,750-square-foot 3-bedroom, 1.5-bath apartment, is occupied by a long-term tenant at a below-market rate, representing a value-add opportunity. There is unutilized garage space in the back. Additional features include a French drain in the basement and an included washer/dryer. Professional property management is currently in place.
Key Highlights
- Fully occupied, cash‑flowing, turnkey investment property.
- Two of three units are completely updated with new kitchens, bathrooms, and finishes.
- First‑floor unit (3 bed / 1.5 bath, 1,750 SF) has a long‑term tenant at a below‑market rate, offering immediate value‑add potential.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.4k | $17.40 |
| − Vacancy | −$2.0k | −$1.13 |
| EGI | $28.5k | $16.27 |
| − OpEx | −$8.5k | −$4.88 |
| NOI | $19.9k | $11.39 |
1,750 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$284.7K
$249.1K – $332.2K
NOI $19,930 @ 7.0% cap · market cap 6.23%
Second Best
Apartment 5plus
$263.7K
$230.7K – $307.6K
NOI $18,457 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$557.3K
$487.7K – $650.2K
NOI $39,014 @ 7.0% cap · market cap 12.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Fully occupied triplex with upside in Pittsburgh's Brighton Heights.
Where is this triplex located?
The property is located at 3700 Brighton Road Pittsburgh, PA.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: Fully occupied, cash‑flowing, turnkey investment property.; Two of three units are completely updated with **new kitchens, bathrooms, and finishes**.; First‑floor unit (3 bed / 1.5 bath, 1,750 SF) has a long‑term tenant at a below‑market rate, offering **immediate value‑add potential**.
