71-83 Wyoming St Pittsburgh, PA 15211
- Apartment buildings
- 1 SF
Current Use by Public Records
- Apartment buildings
Property Details for 71-83 Wyoming St
- Year built
- 1960
- Property size
- 1 SF
- Property type
- Apartment buildings
Description
This exceptional investment opportunity presents a portfolio of three buildings comprising 18 units in Pittsburgh, PA. The property, located at 71-83, 349, and 361 Wyoming St, 15211, consists of a diverse unit mix: two studios, seven one-bedroom, one two-bedroom, and five three-bedroom apartments, including one unfinished unit offering significant value-add potential. Built in 1960, the three-story buildings sit on seven contiguous parcels, presenting a rare development opportunity. The property features a substantial 16-car reinforced concrete garage, generating rental income from both tenants and the public, and a quadplex with two ground-floor retail spaces and a two-car garage. Residents enjoy stunning city views from 21 decks, many recently updated with composite decking. The convenient location offers proximity to the Mon Incline, Shiloh Street Shops, Grandview Ave, and a Shop 'n Save grocery store. The property is offered fee simple with an asking price of $3,500,000, representing a price per unit of $194,444.44. This portfolio offers a compelling blend of immediate income generation and long-term growth potential in a highly desirable Pittsburgh neighborhood. The property's Class A designation reflects its quality and potential for strong returns. The total square footage is between 1 and 100,000 square feet. In-unit washers and dryers are included in many units. This is a truly unique opportunity to acquire a well-positioned multifamily portfolio with significant upside.
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
- -80.0062
- Latitude
- 40.4282
