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Property profile & analytics
OFF-MARKET
Residential income homes

220-234 Chesna Drive Pittsburgh, PA 15234

Property ID
Property summary
AI-generated overview

SVN | Three Rivers Commercial Advisors is pleased to present this 8 Unit investment opportunity. The property consists of 2 buildings comprising 4 townhomes in each building. Property was built in 1992 and there have been several recent capital expenditures including remodeling 4 units, replacing the roofs, gutters and downspouts, as well as a few windows. The unit mix is (4) 3-bed/ 2 bath units, and (4) 2 bed/ 1.5 bath units. These units are oversized, each with 2 car garages and balconies/ decks and sit amongst beautiful mature landscaping. Historic strong occupancy with in place tenancy and cashflow. Additional VALUE-ADD by remodeling remaining 4 units and raising rents to market rate or units can be subdivided and sold individually. Tenants responsible for all utilities. Owner pays landscaping and snow removal. Excellent South Hills location just 7 miles to downtown Pittsburgh and less than 1 mile from Caste Village, Cool Springs Sports Complex, Memorial Hall T-stop and all other area shopping/ dining. Convenient to Routes, 88, 51 and 19.

Property profile
Verified
Property type Residential income homes
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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