2508 18Th St, Pittsburgh, PA 15203
This exceptional six-unit apartment building, located at 2508 S 18th St in Pittsburgh, Pennsylvania, presents a compelling investment opportunity. Priced at $450,000, the property sits on a 0.1-acre lot and offers immediate cash flow due to its 100% occupancy rate. All six units are currently leased, with leases that are easily renewable, providing a stable income stream for the new owner. Each unit has separately metered gas and electric services, simplifying utility management and billing for both tenants and the landlord. A convenient coin-operated laundry facility is located in the basement, offering an additional revenue stream. While street parking is available, tenants are responsible for providing their own window air conditioning units. This turnkey property is ideal for an investor seeking a low-maintenance, high-return investment in a thriving Pittsburgh neighborhood. The current owner is downsizing their portfolio, presenting a unique opportunity to acquire a well-maintained and consistently profitable multi-family property. The property's strong occupancy rate and straightforward lease terms make it an attractive investment with minimal vacancy risk. This is a rare chance to acquire a fully rented, six-unit building in a desirable location, offering immediate returns and long-term growth potential. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.