5128 Butler St Pittsburgh, PA 15201
- Residential income homes
Current Use by Public Records
- Residential income homes
Property Details for 5128 Butler St
- Property type
- Residential income homes
Description
This exceptional investment opportunity presents a diverse portfolio of 25 rental units in Pittsburgh, PA. Comprising 16 properties, the portfolio includes 11 single-family homes, 3 duplexes, 1 triplex, and 1 five-unit building, strategically located throughout the city. The portfolio generates a substantial net operating income (NOI) of $455,092, yielding an attractive 10.34% capitalization rate. The asking price is $4,400,000, translating to approximately $169,230.77 per unit. This Class B multifamily portfolio offers a blend of short-term and long-term rental properties, providing a diversified income stream and significant potential for future appreciation. The properties are situated at various locations within Pittsburgh, offering exposure to a range of rental markets. This is an ideal opportunity for investors seeking a strong return on investment in a thriving urban market. The portfolio's diverse property types and established rental income make it a compelling investment proposition. Detailed financial statements and property-specific information are available upon request. This portfolio represents a rare opportunity to acquire a substantial, income-producing multifamily asset in a desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pittsburgh
- County
- Allegheny
- State
- Pennsylvania
- Longitude
- -79.9550093
- Latitude
- 40.4790594
