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1215 Rebecca Ave Pittsburgh, PA 15221

Sponsored
For Sale
$1,800,000

11-unit value-add multifamily investment

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional investment opportunity encompasses eleven properties—ten single-family homes and one mixed-use building—strategically located throughout Allegheny County, Pennsylvania. The portfolio offers a diverse range of properties situated in vibrant neighborhoods including Pittsburgh, Pitcairn, Clairton, Wilmerding, and East McKeesport. Each location presents unique growth potential and strong community ties. The properties are classified as Class B and offer a 7.78% cap rate. The asking price for this value-add investment is $1,800,000. The portfolio's diverse locations provide exposure to various market dynamics, mitigating risk and maximizing potential returns. Wilkinsburg properties benefit from proximity to downtown Pittsburgh and ongoing revitalization efforts, attracting young professionals and families. Pitcairn offers a small-town atmosphere with strong community ties and nearby economic growth. Clairton is experiencing a renaissance with community revitalization initiatives, creating an affordable housing market. Wilmerding, with its rich history and ongoing revitalization, presents opportunities for rental properties. Finally, East McKeesport combines suburban tranquility with urban convenience, making it ideal for single-family home investments. This portfolio represents a compelling opportunity to capitalize on the growth and revitalization occurring across Allegheny County, offering a blend of stability and potential for significant appreciation. The portfolio is not subject to a ground lease.

Property Features for 1215 Rebecca Ave

General Information

Property type
Multifamily properties
Class
B

Building Details

Units
11

HighLights

  • Eleven‑property portfolio including ten single‑family homes and one mixed‑use building in Allegheny County, PA.
  • Properties located in Pittsburgh, Pitcairn, Clairton, Wilmerding, and East McKeesport, offering diverse investment options.
  • Wilkinsburg properties benefit from proximity to downtown Pittsburgh and ongoing revitalization.
  • Pitcairn offers a strong community and nearby economic growth.
  • Clairton is experiencing a revitalization, creating an affordable housing market.
  • Wilmerding's revitalization presents rental property opportunities.
Property Profile Location Intelligence

Current Use by Public Records

Residential income homes

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Pittsburgh
County
Allegheny
State
Pennsylvania
Longitude
-79.8751685
Latitude
40.4372177

FAQs

What type of property is this?
Multifamily property - 11-unit value-add multifamily investment
Where is this multifamily property located?
The property is located at 1215 Rebecca Ave Pittsburgh, PA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Eleven-property portfolio including ten single-family homes and one mixed-use building in Allegheny County, PA.; Properties located in Pittsburgh, Pitcairn, Clairton, Wilmerding, and East McKeesport, offering diverse investment options.; Wilkinsburg properties benefit from proximity to downtown Pittsburgh and ongoing revitalization.
More about this property
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