2508 18Th St Pittsburgh, PA 15203
- Apartment buildings
- 0.10 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 2508 18Th St
- Year built
- 1900
- Lot size
- 0.10 lot acres
- Property type
- Apartment buildings
Description
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pittsburgh
- County
- Allegheny-South
- State
- Pennsylvania
- Longitude
- -79.9843
- Latitude
- 40.4218
