3457 Evergreen Rd Pittsburgh, PA 15237

This exceptional 11,728 square foot apartment building in Pittsburgh, PA, is offered at $2,400,000 with a strong 6.57% cap rate and a net operating income (NOI) of $157,789. The property boasts 13 of its 16 units recently renovated, attracting discerning tenants with an average monthly rent of $1,072 per unit. Currently 100% occupied, this multifamily investment features upgraded common areas, modern laundry facilities, convenient payment options, and energy-efficient windows. Recent capital improvements include a new parking lot, remodeled common areas, new awnings, mailboxes, gutters, and mostly new HVAC systems. Located near Ross Park Mall in Allegheny County (zip code 15237), this property offers a prime location and steady rental income, making it an attractive opportunity for investors seeking a low-vacancy, high-return investment. All units are one-bedroom apartments.