2008 Carson St Pittsburgh, PA 15203-1902

Property Details for 2008 Carson St

Lot size

0.19 lot acres

Property type

Retail residential properties

APN

12-K-18

APU

12K18

Description

This prime mixed-use property, located at 2008 E Carson St, Pittsburgh, PA 15203, presents a compelling investment opportunity. The Landmark Building boasts 10,400 square feet of space, currently operating at 100% occupancy, generating a substantial net operating income (NOI) of $156,500. This translates to a strong 7.45% capitalization rate and a price per square foot of $201.92. The asking price for this well-maintained building is $2,100,000. The property's multi-family and retail components are situated in a highly desirable neighborhood, characterized by a dense population and its proximity to several universities. A key feature is the inclusion of a rear parking lot, adding significant value and convenience. The building's excellent architecture further enhances its appeal and potential for long-term growth. This is a rare opportunity to acquire a fully occupied, high-performing mixed-use asset in a thriving Pittsburgh submarket. The strong tenant base and consistent income stream make this an ideal investment for discerning buyers seeking stable returns and appreciation potential. The property's location in Allegheny County ensures access to a robust local economy and a diverse population base.